Conditions under section 397(2)(c) for non applicability of deduction of tax at higher rate, in case of non-residents - Rule 217 (New) / Rule 37BC (Old)
Deduction of Tax at Source (TDS), Collection of Tax at Source (TCS) / Withholding Tax
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Higher-rate TDS relief allows qualifying non-residents without PAN to receive specified payments on furnishing prescribed identification documents. Higher-rate TDS relief for non-residents without PAN applies where prescribed information and documents are furnished to the deductor. Covered payments ... Summary
Higher-rate TDS relief allows qualifying non-residents without PAN to receive specified payments on furnishing prescribed identification documents.
Higher-rate TDS relief for non-residents without PAN applies where prescribed information and documents are furnished to the deductor. Covered payments include interest, royalty, fees for technical services, dividend, and consideration for transfer of a capital asset. Required particulars include contact and overseas address details, a Tax Residency Certificate where available under residence-jurisdiction law, and a Tax Identification Number or alternative government-issued identification. The higher-rate mechanism also does not apply where the non-resident is not otherwise required to obtain PAN.
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