https://www.taxtmi.com/circulars?id=53899 Facility sharing agreements between group companies through leasing/sub leasing arrangements for business purposes will not be treated as real estate business under the Consolidated FDI Policy provided such arrangements are at arm's length in accordance with applicable tax pricing standards and annual lease rent earned by the lessor company does not exceed a small proportion of its total revenue. en-us Tue, 15 Sep 2015 00:00:00 +0530 Tue, 15 Sep 2015 13:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=53899 Facility sharing agreements between group companies through leasing/sub leasing arrangements for business purposes will not be treated as real estate business under the Consolidated FDI Policy provided such arrangements are at arm's length in accordance with applicable tax pricing standards and annual lease rent earned by the lessor company does not exceed a small proportion of its total revenue. Circulars FEMA Tue, 15 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/circulars?id=53899