Section 393(2); Table [For Payments to Non-Resident]-Distributed Income of a Business Trust[REIT]

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....61. Sl. No. Nature of payment Recipient Deductor Rate of TDS 7 Distributed income referred to in section 223, being of the nature referred to in Schedule V (Table: Sl. No. 4) Unit holder, being a non-resident (other than a company) or a foreign company Business Trust Rates in force Scope of the provision This clause applies to distributed income re....

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....ssion "rates in force" refers to the rates prescribed under the Income-tax Act or those specified in the applicable Double Taxation Avoidance Agreement (DTAA), whichever is applicable in accordance with the provisions of the Act. Threshold limit No threshold limit has been prescribed. Accordingly, every payment of qualifying distributed income covered by this clause is liable to deduction....

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.... • No monetary threshold has been prescribed. Comparative Analysis: Section 194LBA read with Section 115UA (Income-tax Act, 1961) vs. Section 393(2), Sl. No. 7 (Income-tax Act, 2025) Particulars Section 393(2), Sl. No. 7 (Income-tax Act, 2025) Section 194LBA read with Section 115UA (Income-tax Act, 1961) Nature of payment Distributed income referred to i....