Section 196A - TDS on income in respect of units of non-resident

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... not being a company, or to a foreign company, any income in respect of units of a Mutual Fund specified under clause ( 23D ) of section 10 or from the specified company referred to in the Explanation to clause (35) of section 10 shall, at the time of credit of such income to the account of the payee or at the time of payment thereof by any mode, whichever is earlier Rate of TDS - 20% (+SC+HEC). w .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... FA, 2023 , Provided that where an agreement referred to in section 90(1) or 90A(1) applies to the payee and if the payee has furnished a certificate referred to in section 90(4) or 90A(4) , as the case may be, then, income-tax thereon shall be deducted at the rate of twenty per cent. or at the rate or rates of income-tax provided in such agreement for such income, whichever is lower. ] - Manuals .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X