https://www.taxtmi.com/article/detailed?id=6175 The proposed substitution of sub section (6) of section 195 requires the person responsible for paying any sum to a non resident (not being a company) or to a foreign company to furnish information about such payment in prescribed form and manner, whether or not the sum is chargeable to tax; concerns raised include exclusion of voluntary payments lacking payment responsibility, potential overreach into personal and FEMA/RBI regulated remittances, and requests for exemptions and monetary de minimis thresholds. en-us Sat, 28 Mar 2015 07:05:42 +0530 Sat, 28 Mar 2015 07:05:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6175 The proposed substitution of sub section (6) of section 195 requires the person responsible for paying any sum to a non resident (not being a company) or to a foreign company to furnish information about such payment in prescribed form and manner, whether or not the sum is chargeable to tax; concerns raised include exclusion of voluntary payments lacking payment responsibility, potential overreach into personal and FEMA/RBI regulated remittances, and requests for exemptions and monetary de minimis thresholds. Articles Income Tax Sat, 28 Mar 2015 07:05:42 +0530 https://www.taxtmi.com/article/detailed?id=6175