Part DCA - Safe Harbour Rules for income referred to in clause (i) of sub-section (1) of section 9 chargeable to tax under the head (From Rule 10TI to Rule 10TIC)
Section 139A exemption for non-residents and eligible foreign investors depends on limited Indian income, disclosure, and quarterly reporting. Section 139A does not apply to specified non-residents who invest in a specified fund and satisfy conditions relating to limited Indian income, tax deduction at source, and furnishing of identity, residence, declaration, and Tax Identification Number details. The specified fund must file quarterly Form No. 49BA statements electronically and upload the declaration within the prescribed time. A similar exclusion applies to eligible foreign investors transacting only in specified capital assets listed on a recognised stock exchange in an International Financial Services Centre, subject to parallel disclosure and reporting obligations through the stock broker.
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.
Section 139A exemption for non-residents and eligible foreign investors depends on limited Indian income, disclosure, and quarterly reporting.
Section 139A does not apply to specified non-residents who invest in a specified fund and satisfy conditions relating to limited Indian income, tax deduction at source, and furnishing of identity, residence, declaration, and Tax Identification Number details. The specified fund must file quarterly Form No. 49BA statements electronically and upload the declaration within the prescribed time. A similar exclusion applies to eligible foreign investors transacting only in specified capital assets listed on a recognised stock exchange in an International Financial Services Centre, subject to parallel disclosure and reporting obligations through the stock broker.
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