https://www.taxtmi.com/caselaws?id=282097 Interest paid by an Indian branch of a foreign bank to its head office or overseas branches is treated as an intra-entity payment to self and is not taxable in India under the relevant treaty interest provision. The same approach applies to data processing charges paid to an overseas branch, preventing taxation under the treaty provision for such payments. A claim for the tax rate applicable to domestic companies or cooperative banks under the non-discrimination article was not accepted. Credit for tax deducted at source on head-office interest requires verification of the deduction and consequential grant of credit. en-us Wed, 16 Jul 2014 00:00:00 +0530 Mon, 22 Jul 2019 06:26:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282097 Interest paid by an Indian branch of a foreign bank to its head office or overseas branches is treated as an intra-entity payment to self and is not taxable in India under the relevant treaty interest provision. The same approach applies to data processing charges paid to an overseas branch, preventing taxation under the treaty provision for such payments. A claim for the tax rate applicable to domestic companies or cooperative banks under the non-discrimination article was not accepted. Credit for tax deducted at source on head-office interest requires verification of the deduction and consequential grant of credit. Case-Laws Income Tax Wed, 16 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282097