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![Currency in which the Loan is to be Re-Paid determines the Rate of Return on the Money Lent: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Commercial-Transaction-Loan-Taxscan.jpg "Currency in which the Loan is to be Re-Paid determines the Rate of Return on the Money Lent: ITAT [Read Order]")
Currency in which the Loan is to be Re-Paid determines the Rate of Return on the Money Lent: ITAT [Read Order]
In M/s. Russell Credit Limited vs. Joint Commissioner of Income Tax, Kolkata Bench of Income Tax Appellate Tribunal (ITAT) held that the interest rate...