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Financial activities

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(Querist)
28 May 2012 Who is liable to give tax concession form in case of E1 transaction?
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(Querist)
28 May 2012 DEAR SIR/MAM,
PLEASE GIVE THE REPLY FOR THE FOWLLING
WHAT IS THE "FINANCIAL ACTIVITIES".AND EXAMPLES OF FINANCIAL ACTIVITIES.
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Sanjay Chauhan (IFRS)

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Sanjay Chauhan (IFRS) (Expert)
29 May 2012 it includes activities involving cash flows generated from giving and taking of loans..

The revenue from financial activities is basically time value of money such as interest.
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