Exemption from higher TDS under section 206AA applies to certain non-resident receipts like specified bonds and AIF income. Exemption from section 206AA applies to certain receipts to a non-resident or foreign company: interest on specified bonds, specified payments identified ... Summary
Exemption from higher TDS under section 206AA applies to certain non-resident receipts like specified bonds and AIF income.
Exemption from section 206AA applies to certain receipts to a non-resident or foreign company: interest on specified bonds, specified payments identified by the withholding rules, and income from investments in Category I or Category II alternative investment funds under the applicable AIF investment rule, which are treated as not subject to the higher withholding rate for failure to furnish permanent account details.
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