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Arm length

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(Querist)
28 March 2012 IF HOLDING CO. GIVE LOAN TO SUBSI WITHOUT INTEREST THEN IT WOULD BE CONSIDER AS ARM LENGTH TRANSACTION OR NOT ,IF NOT THEN WHAT ITS IMPLICATION IN INCOME TAX....
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Lekh Sood

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Lekh Sood (Expert)
29 March 2012 Hello,

If price paid(interest) is less than arms length price, then there is no implication for income tax.

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