Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Taxation Rules for FIIs on Securities Income u/s 115AD: Rates and Deductions Explained.</h1> Section 115AD of the Income-tax Act, introduced by the Finance Act, 1993, outlines the taxation framework for Foreign Institutional Investors (FIIs) regarding income from securities or capital gains. It specifies that income from securities listed on recognized stock exchanges in India is taxed at 20%, short-term capital gains at 30%, and long-term capital gains at 10%. Deductions under certain sections are not allowed if the gross total income consists solely of such securities income. The section also clarifies that specific provisions for computing capital gains do not apply to these securities. The terms 'Foreign Institutional Investor' and 'securities' are defined as per the relevant regulations.
TaxTMI 
TaxTMI 
