Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Section 206AA Amended: Non-residents Exempt from PAN Requirement on Interest Payments Under Section 194LC Effective June 2016.</h1> Section 206AA of the Income-tax Act is amended by substituting sub-section (7) effective June 1, 2016. The amendment specifies that the provisions of this section do not apply to non-residents, excluding companies, or to foreign companies concerning payments of interest on long-term bonds as mentioned in section 194LC and any other payments subject to prescribed conditions.