19 January 2010
Not very sure it will be under section 194A i.e. rate will be 10 or 20% as the case may be. Refer >>>> https://www.caclubindia.com/albums/browse_pic.asp?album_pic_id=2666
20 January 2010
u/s 195 it is assumed loan has been taken by a domestic company as I don't think you took loan as individual. if interest payment is below 1 Core then 20.6% (20% +2% EC +1% SHEC) if interest payment is more than 1 Croe and payment is made to a non-domestic company then 21.115 (20% +2.5% surcharge +2% +1%)
20 January 2010
interest amount has to pay in dubai based company by indian based company in form of interest on loan it will cover in u/s 194a or 194b iam not confirmed on it and should be accourding to dtaa rate what will be rate dtaa