https://www.taxtmi.com/manuals?id=1270 Income payable to a Foreign Institutional Investor from specified securities is ordinarily subject to tax deduction at source. No deduction is required where the income is capital gains arising from transfer of the specified securities. The non-deduction treatment applies only when the income is capital gains, the gains arise from transfer of the specified securities, and the recipient is a Foreign Institutional Investor. Income that does not satisfy these cumulative conditions remains subject to the ordinary withholding requirement. en-us Mon, 05 Oct 2015 11:36:00 +0530 Sat, 29 Aug 2026 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1270 Income payable to a Foreign Institutional Investor from specified securities is ordinarily subject to tax deduction at source. No deduction is required where the income is capital gains arising from transfer of the specified securities. The non-deduction treatment applies only when the income is capital gains, the gains arise from transfer of the specified securities, and the recipient is a Foreign Institutional Investor. Income that does not satisfy these cumulative conditions remains subject to the ordinary withholding requirement. Manuals Income Tax Mon, 05 Oct 2015 11:36:00 +0530 https://www.taxtmi.com/manuals?id=1270