Menu
Tds applicability on purchase of shares
Is there any TDS applicability in case of purchase of shares from Non-Resident. Buyer is a Domestic Company.
Replies (2)
The non resident may get Either Capital Gain or loss... TDS will be applicable under sec 195... for the determinatio of rate of TDS an application can be made for certificate under 197 from the income tax authority...
Thank you Sir. Is there any rate mentioned in the DTAA (India-US, please let me know the article to be referred in case rate is mentioned).
Recent Threads
- Are AI tools like ChatGPT actually useful for CA w
- UK TAX (HMRC) HELP WITH INVESTIGATIONS, DISPUTES,
- Payment processor not transferring or refunding pa
- Form 16 format
- 17(5) Blocked ITC
- Transfer of equity shares to original owner
- Login credentials and payment acknowledgement not
- Export sales not realised payment not received fro
- Capital gain account amount utilisation
- Form 26QB – Section 194-IA: TDS on Full Cons
Related Threads
CAclubindia
