Section 393(2); Table [For Payments to Non-Resident] - Long-Term Capital Gains on Transfer of Bonds or Global Depository Receipts

Section 393(2); Table [For Payments to Non-Resident] - Long-Term Capital Gains on Transfer of Bonds or Global Depository Receipts https://www.taxtmi.com/manuals?id=1256 Withholding tax applies to long-term capital gains arising from transfer of specified bonds or Global Depository Receipts by a non-resident. Any person responsible for making the payment must deduct tax at 12.5%, with no monetary threshold for deduction. The framework covers specified bond and GDR transfers and identifies the recipient's non-resident status as a necessary condition. en-us Mon, 05 Oct 2015 11:22:00 +0530 Sat, 29 Aug 2026 11:55:00 +0530 TaxTMI RSS Generator Section 393(2); Table [For Payments to Non-Resident] - Long-Term Capital Gains on Transfer of Bonds or Global Depository Receipts https://www.taxtmi.com/manuals?id=1256 Withholding tax applies to long-term capital gains arising from transfer of specified bonds or Global Depository Receipts by a non-resident. Any person responsible for making the payment must deduct tax at 12.5%, with no monetary threshold for deduction. The framework covers specified bond and GDR transfers and identifies the recipient's non-resident status as a necessary condition. Manuals Income Tax Mon, 05 Oct 2015 11:22:00 +0530 https://www.taxtmi.com/manuals?id=1256