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Interest paid to Non-resident – Sec 25

U.C Date : 25 Feb 2015

If interest is paid to a person outside India, then such interest shall be allowed only if any one or both of the following conditions are satisfied:-

> TDS on such interest is deducted or paid under Chapter XVII-B.

> There is a person in India who can be treated as agent of that lender under section 163.

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