TDS on securitisation trust income: payers must withhold tax at credit or payment for resident and nonresident investors. Section 194LBC requires persons making payments of income to investors in securitisation trusts (as per the Explanation to section 115TCA) to deduct tax at source at the time of credit or payment; credits to any account, including suspense accounts, are deemed credit to the payee, and separate rates apply for resident and non-resident investors.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
TDS on securitisation trust income: payers must withhold tax at credit or payment for resident and nonresident investors.
Section 194LBC requires persons making payments of income to investors in securitisation trusts (as per the Explanation to section 115TCA) to deduct tax at source at the time of credit or payment; credits to any account, including suspense accounts, are deemed credit to the payee, and separate rates apply for resident and non-resident investors.
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