Changes in section 206aa(rule 37bc)

This query is : Resolved

Nagaraja S Hegde (Querist)
Follow

11 August 2016 Dear Sir,
Whether Rule 37BC of Income Tax Rules which gives relaxation to non-residents from furnishing PAN number in India while claiming TDS benefits, also applicable to foreign companies?.Because above said rule says that "In the case of a non-resident, NOT being a company, or a foreign company ....................".
Thank you.

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

11 August 2016 not being a company denotes that companies are not covered under that rule.

Message likes : 1 times

Nagaraja S Hegde

Nagaraja S Hegde (Querist)
Follow

11 August 2016 Correct sir, but there is continuation which states that " OR A FOREIGN COMPANY" i m not getting this point.

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

11 August 2016 01. In the case of a non resident not being a company
02. In the case of a Foreign Company

what is the confusion?

Message likes : 3 times

Nagaraja S Hegde

Nagaraja S Hegde (Querist)
Follow

11 August 2016 Thank you sir, Now i got the point.

Amol S Joglekar

Amol S Joglekar (Expert)
Follow

11 August 2016 You are most welcome.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rishi Jain

SHUBHANGI GOEL

CA Narender Yarragorla

P.S.Satya narayana

CA Reshma prabhu

Subscribe Now

Changes in section 206aa(rule 37bc)

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

Senior Executive

CA Final

GST CONSULTANCY

Accountant

GST CONSULTANT