https://www.taxtmi.com/highlights?id=27666 Insertion of new section 194LBC - Income in respect of investment in securitisation trust. - New TDS - where any income is payable to an investor in respect of an investment in a securitisation trust specified in clause (d) of the Explanation to section 115TCA, the person responsible for making the payment shall, at the time of credit of such income to the account of payee or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, deduct income-tax thereon - Separate provisions for Resident and non-residents. en-us Wed, 02 Mar 2016 12:58:40 +0530 Wed, 02 Mar 2016 12:58:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=27666 Insertion of new section 194LBC - Income in respect of investment in securitisation trust. - New TDS - where any income is payable to an investor in respect of an investment in a securitisation trust specified in clause (d) of the Explanation to section 115TCA, the person responsible for making the payment shall, at the time of credit of such income to the account of payee or at the time of payment thereof in cash or by issue of a cheque or draft or by any other mode, whichever is earlier, deduct income-tax thereon - Separate provisions for Resident and non-residents. Highlights Bill Wed, 02 Mar 2016 12:58:40 +0530 https://www.taxtmi.com/highlights?id=27666