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![ECB Loans to Indian Clients linked to PE in India: ITAT directs Tax Levy at 10% on Interest Income [Read Order] ECB Loans to Indian Clients linked to PE in India: ITAT directs Tax Levy at 10% on Interest Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/04/ITAT-ECB-Tax-Levy-Commissioner-of-Income-Tax-taxscan.jpg)
ECB Loans to Indian Clients linked to PE in India: ITAT directs Tax Levy at 10% on Interest Income [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that External Commercial Borrowings (ECB) loans to Indian clients linked to PE...