https://www.taxtmi.com/acts?id=49809 Non resident income from interest on specified bonds purchased in foreign currency, dividends on Global Depository Receipts acquired through approved intermediaries in foreign currency, and long term capital gains on their transfer are subject to a special tax regime: separate tax computation on interest/dividends and on long term capital gains at specified flat rates, plus tax on the remaining income. Deductions are restricted when gross income consists solely of those items; otherwise specified income is excluded for computing Chapter VI A relief. Computational, filing, and succession rules for amalgamation are specified. en-us Tue, 25 Feb 2025 14:16:56 +0530 Tue, 25 Feb 2025 14:16:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=49809 Non resident income from interest on specified bonds purchased in foreign currency, dividends on Global Depository Receipts acquired through approved intermediaries in foreign currency, and long term capital gains on their transfer are subject to a special tax regime: separate tax computation on interest/dividends and on long term capital gains at specified flat rates, plus tax on the remaining income. Deductions are restricted when gross income consists solely of those items; otherwise specified income is excluded for computing Chapter VI A relief. Computational, filing, and succession rules for amalgamation are specified. Act-Rules F. Acts / Amendment Acts Tue, 25 Feb 2025 14:16:56 +0530 https://www.taxtmi.com/acts?id=49809