Changes in section 206aa(rule 37bc)

This query is : Resolved 

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.

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

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

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?

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

11 August 2016 You are most welcome.


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