Liability to Income tax - Sterling interest payments made abroad - Deduction of tax at source by borrower in India - Waived in the case of loans issued for public subscription before 1-4-38 where under U. K. Law interest has to be paid without deduction of Indian Tax - Deduction of tax from loan issued after 1-4-38 - Legality of - Position explained to India Office.

Department Central Board Of Revenue
Branch Income Tax
From Year / Date
(YYYY-MM-DD)
1941
To Year / Date
(YYYY-MM-DD)
1941
Identifier PR_000000650346
File No. Progs., Nos. 26(6)-I.T., 1941
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