Home List Manuals Income TaxIncome Tax - Ready ReckonerSecuritization Trust This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
Provisions of TDS on Securitisation Trust - Section 194LBC - Income Tax - Ready Reckoner - Income TaxExtract Provisions of TDS on Securitisation Trust Securitisation Trust required to deduct TDS at the time of payment or credit whichever is earlier under section 194LBC Payee/Investor Rate of TDS a. Resident Individual/HUF 25% b. Other Resident Payee 30% c. Non-Resident Foreign Company Rate in force The Central Government hereby notifies that no deduction of tax under Chapter XVII of the said Act shall be made on the payments of the nature specified in clause (23DA) of section 10 received by any securitisation trust as defined in clause (d) of the explanation below section 115TCA of the income tax act 1961. [ Notification No. 46/2016 dated 17.06.2016 ]
|