Tax on income from bonds or Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer – Section 115AC

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....he total income of an assessee, being a non-resident, includes - Nature of Income Rate of Tax (a) Income by way of interest on bonds of an Indian company or on bonds of a public sector company sold by the Government, and purchased by him in foreign currency, or 10% (b) Income by way of dividends on GDR 10% (c) Income by way of long-term capital gains arising from the transfer of bonds ref....