TDS on Sale of Shares by Non resident

[LAKSHMINARAYANAN TR]

Hi

Can anyone do let me know, whether do we (resident indian) need to deduct TDS on purchase of non quoted equity shares from Non Resident - at PAR value.

Regards

T R Lakhsminarayanan.

AI Summary

TDS Deduction Requirement for Resident Indians Buying Non-Quoted Equity Shares from Non-Residents Explained A resident Indian inquired about the requirement to deduct Tax Deducted at Source (TDS) when purchasing non-quoted equity shares at par value from a non-resident.