Home > Income Tax > House Property > Interest paid to Non-resident – Section 25

Interest paid to Non-resident – Section 25

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.

Leave a Reply

Your email address will not be published. Required fields are marked *

close-link
Remain Updated with GST & Income Tax
Join 20K subscribers
Remain Updated with GST & Income Tax
Join 20K subscribers