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Deposit interest received by indian company from foreign company

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(Querist)
14 January 2016 Deposit interest received from foreign company to Indian company. weather it is taxable in India under income tax act..
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
14 January 2016 Income earned in India is taxable, so interest on deposit by Indian company is taxable.

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