Tag Archives: Section 10(15)(viii)

No TDS on Interest paid on deposits in NRs in IFSC banking units in SEZ: CBDT Clarification

By | July 11, 2016

Circular No 26/2016 F.No.295/26/2016-IT(B) Govt. of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Dated 4th July 2016 Subject Applicability of Section 197A(1D) and Section 10(15)(viii) of the Income Tax Act 1961 to interest Paid by IFSC Banking units (IBUs)- clarification regarding