Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
TDS on securitisation trust income: resident investors subject to a specified flat rate; non-residents taxed at applicable rates. Section 194LBC imposes a withholding obligation on persons making payments of income to investors from specified securitisation trusts, requiring deduction of tax at the time of credit to the payee's account or at payment, whichever is earlier; residents are subject to deduction at a specified flat rate, while non-residents and foreign companies are subject to deduction at the rates in force, and any credit to accounts (including suspense accounts) is treated as credit to the payee for withholding purposes.
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: resident investors subject to a specified flat rate; non-residents taxed at applicable rates.
Section 194LBC imposes a withholding obligation on persons making payments of income to investors from specified securitisation trusts, requiring deduction of tax at the time of credit to the payee's account or at payment, whichever is earlier; residents are subject to deduction at a specified flat rate, while non-residents and foreign companies are subject to deduction at the rates in force, and any credit to accounts (including suspense accounts) is treated as credit to the payee for withholding purposes.
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