Rate of tax applicable in respect of interest income in the case of foreign companies-Clarification regarding
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....p; All Commissioners of Income-tax Sir, Subject: Rate of tax applicable in respect of interest income in the case of foreign companies-Clarification regarding. Under section 115A(1) of the Income-tax Act, 1961, income by way of interest received by a foreign company from Govt. or an Indian concern on moneys borrowed or debt incurred by the Govt. or the ....
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