Table [For Payments to Non-Resident]-Income in respect of Investment in a Securitisation Trust

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....ax Act, 1961. Sl. No. Nature of payment Recipient Deductor Rate of TDS 9 Any income in respect of an investment in a securitisation trust specified in section 221 Investor, being a non-resident (other than a company) or a foreign company Securitisation Trust specified in section 221 Rates in force Scope of the provision This clause applies to any i....

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....ession "rates in force" refers to the rates prescribed under the Income-tax Act or the beneficial rate available under an applicable Double Taxation Avoidance Agreement (DTAA), wherever the conditions for availing treaty benefits are satisfied. Threshold limit No threshold limit has been prescribed. Accordingly, every payment of income covered by this clause attracts deduction of tax at s....

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....15TCA (Income-tax Act, 1961) Nature of payment Income in respect of an investment in a securitisation trust specified in section 221 Income payable to investors in a securitisation trust Recipient Investor, being a non-resident (other than a company) or a foreign company Non-resident investor (other than a company) or foreign company Person responsible to ....