CBDT Circular No. 759, dated November 18, 1997, on the Subject remittance to a non-resident—Deduction of tax at source—Submission of no objection certificate--Dispensing with--Clarification reg

CBDT Circular No. 759, dated November 18, 1997, on the Subject remittance to a non-resident—Deduction of tax at source—Submission of no objection certificate--Dispensing with--Clarification reg https://www.taxtmi.com/circulars?id=5149 Confirms remittances to non-residents may be made without an Income-tax Department no objection certificate if the remitter furnishes an undertaking in duplicate and a certificate from an independent accountant; authorised dealers must forward copies to the Assessing Officer. The undertaking may be signed by the person authorised to sign the income-tax return or by a person authorised in writing by them. The procedure applies where RBI requires production of a no objection certificate but does not apply where a withholding tax order has been obtained. en-us Fri, 22 May 1998 00:00:00 +0530 Sat, 09 Aug 2008 17:36:00 +0530 TaxTMI RSS Generator CBDT Circular No. 759, dated November 18, 1997, on the Subject remittance to a non-resident—Deduction of tax at source—Submission of no objection certificate--Dispensing with--Clarification reg https://www.taxtmi.com/circulars?id=5149 Confirms remittances to non-residents may be made without an Income-tax Department no objection certificate if the remitter furnishes an undertaking in duplicate and a certificate from an independent accountant; authorised dealers must forward copies to the Assessing Officer. The undertaking may be signed by the person authorised to sign the income-tax return or by a person authorised in writing by them. The procedure applies where RBI requires production of a no objection certificate but does not apply where a withholding tax order has been obtained. Circulars Income Tax Fri, 22 May 1998 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5149