Section 393(2); Table [For Payments to Non-Resident] - Distributed Income of a business trust to Non resident unitholders

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.... of the Income-tax Act, 1961. Sl. No. Nature of payment Recipient Deductor Rate of TDS 6 Distributed income referred to in section 223, being of the nature referred to in Schedule V (Table: Sl. No. 3) Unit holder, being a non-resident (other than a company) or a foreign company Business Trust (a) 5% - Income(Interest) referred to in Sched....

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....uction varies according to the nature of the distributed income- • 5%, where the distributed income{Interest} is of the nature referred to in Schedule V [Table: Sl. No. 3. B(a)]; and • 10%, where the distributed income{Dividend} is of the nature referred to in Schedule V [Table: Sl. No. 3. B(b)]. Thus, the applicable TDS rate is determined by the classificatio....

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....194LBA read with Section 115UA (Income-tax Act, 1961) vs. Section 393(2), Sl. No. 6 (Income-tax Act, 2025) Particulars Section 393(2), Sl. No. 6 (Income-tax Act, 2025) Section 194LBA read with Section 115UA (Income-tax Act, 1961) Nature of payment Distributed income referred to in section 223, of the nature specified in Schedule V (Table: Sl. No. 3) Distributed ....