|
196C. Income from foreign currency bonds or shares of Indian company. — Where any income by way of interest or dividends in respect of bonds or Global Depository Receipts referred to in section 115AC or by way of long-term capital gains arising from the transfer of such bonds or Global Depository Receipts is payable to a non-resident, the person responsible for making the payment shall, at the time of credit of such income to the account of the payee or at the time of payment thereof 76[by any mode], whichever is earlier, deduct income-tax thereon at the rate of ten per cent.
|
|
Contact us
|
|
H-61,Gobind Mansion,
Connaught Circus,
New Delhi-110001
T +91 11 45874900-08
T +91 11 45874910
Fax +91 11-43065194
M +91 9811045349 cakalra@hsaco.in
hsahujaco@hotmail.com
hsahujaandco@hotmail.com
|
|
|
|
|
|