Section 393(4); Table [For No Deduction at Source] - Foreign Institutional Investors from Securities

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....x - Ready Reckoner<br>Income Tax<br>Section 393(4); Table SI No. [16] : Income of Foreign Institutional Investors from securities Corresponds to the exemption provided under Section 196D of the Inc....

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.... Although income in respect of securities payable to an FII is ordinarily subject to TDS under Section 393(2), Table: Sl. No. 15, no tax is required to be deducted where the income represents capit....