Interest Paid by Branch to Head Office Not Exempt u/s 10(15)(iv)(fa); TDS Obligations Apply.

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....Exemption u/s 10(15)(iv)(fa) are not applicable in the present case and, therefore, the contention of the assessee that interest paid by BO to HO is exempt from taxation under the said section and hence, not subject to TDS is not tenable in the eyes of law.....