Remittance to a non-resident Deduction of tax at source Submission of No Objection Certificate Dispensing with Regardings

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....Commissioners of Income-tax, Directors-General of Income-tax Sir, Subject : Remittance to a non-resident_Deduction of tax at source_Submission of No Objection Certificate_Dispensing with_Regardings. 1. Section 195 of the Income-tax Act, 1961, provides that any person responsible for paying to a non-resident any sum chargeable under the Act shall, at the time of credit of such income to....

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....ax Act, 1961, in the form annexed to this circular. The person making the remittance shall submit the undertaking along with the said certificate of the accountant to the Reserve Bank of India, who in turn shall forward a copy thereof to the Assessing Officer. 3. The contents of this circular may be brought to the notice of all the officers working in your charge. Yours faithfully, (Sd.) ....

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..... . . . . . . . . (name and complete address of the person to whom the remittance has been made) after deducting a sum of Rs. . . . . . . . . . being the tax at . . . . . . . ., which is the appropriate rate of tax deductible at source on the said amount of remittance. 2. A certificate from the accountant as defined in the Explanation below section 288 of the Income-tax Act certifying the....

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....p;           . . . . . . . . . . . . . Place    :           . . . . . .             (Name and signature) (The undertaking shall be signed by the person authorised to sign the return of income of the person making the payment). Cert....