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 for non-residents without PAN applies on furnishing prescribed residence, identity, and tax information. Higher-rate TDS for non-residents without PAN is inapplicable where prescribed information and documents are furnished to the deductor. The relaxation ... Summary
Higher-rate TDS relief for non-residents without PAN applies on furnishing prescribed residence, identity, and tax information.
Higher-rate TDS for non-residents without PAN is inapplicable where prescribed information and documents are furnished to the deductor. The relaxation covers interest, royalty, fees for technical services, dividends, and payments on transfer of capital assets. Required particulars include contact and overseas address details, a Tax Residency Certificate where available under residence-jurisdiction law, and a Tax Identification Number or government-issued unique identification number. The higher-rate mechanism is also inapplicable where the non-resident is not required to obtain PAN.
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