Any income by way of interest pay-able to a non-resident, not being a company or a foreign company, by an Indian Company or business trust in respect of monies borrowed from a source outside India by issue of Rupee denominated bond during the period beginning from the …….. and ending on ……… is exempt under section 10(4C).
A. 17.10.2018,31.3.2019.
B. 17.9.2018,31.3.2019.
C. 17.9.2018,31.3.2020.
D. 1.10.2018,31.3.2020.
Answer:B
Any income by way of interest pay-able to a non-resident, not being a company or a foreign company, by an Indian Company or business trust in respect of monies borrowed from a source outside India by issue of Rupee denominated bond during the period beginning from the …….. and ending on ……… is exempt under section 10(4C).
A. 17.10.2018,31.3.2019. B. 17.9.2018,31.3.2019. C. 17.9.2018,31.3.2020. D. 1.10.2018,31.3.2020.