https://www.taxtmi.com/notifications?id=133793 The rules exempt non-resident individuals and entities (not being companies) who invest in a specified fund located in an IFSC from section 139A, and hence from section 206AA, where their only income in India is from the specified fund, tax on that income has been deducted and remitted by the fund under the applicable provision, and the non-resident provides name, contact, foreign address, residency declaration and Tax Identification Number or alternate government unique identifier; the specified fund must file Form 49BA quarterly and upload the residency declaration, with formats and verification administered by the Principal Director General/Director General (Systems). en-us Mon, 10 Aug 2020 00:00:00 +0530 Tue, 11 Aug 2020 09:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133793 The rules exempt non-resident individuals and entities (not being companies) who invest in a specified fund located in an IFSC from section 139A, and hence from section 206AA, where their only income in India is from the specified fund, tax on that income has been deducted and remitted by the fund under the applicable provision, and the non-resident provides name, contact, foreign address, residency declaration and Tax Identification Number or alternate government unique identifier; the specified fund must file Form 49BA quarterly and upload the residency declaration, with formats and verification administered by the Principal Director General/Director General (Systems). Notifications Income Tax Mon, 10 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133793