https://www.taxtmi.com/notifications?id=7858 The Central Government has accorded approval to Banque Francaise du Commerce Exterieur, Paris, so that interest payable by any industrial undertaking in India on moneys borrowed under a loan agreement with that foreign financial institution is exempt from tax under the statutory provision, thereby treating such interest receipts as falling within the exemption category when the borrowings are effected under qualifying loan agreements with the named institution. en-us Mon, 05 Oct 1964 00:00:00 +0530 Thu, 07 Aug 2008 13:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=7858 The Central Government has accorded approval to Banque Francaise du Commerce Exterieur, Paris, so that interest payable by any industrial undertaking in India on moneys borrowed under a loan agreement with that foreign financial institution is exempt from tax under the statutory provision, thereby treating such interest receipts as falling within the exemption category when the borrowings are effected under qualifying loan agreements with the named institution. Notifications Income Tax Mon, 05 Oct 1964 00:00:00 +0530 https://www.taxtmi.com/notifications?id=7858