TCS On Remittance under Sec 206 c-1G
This query is : Resolved
20 November 2023
Can You Clarify A Non Resident wish to transfer fund Under LRS $250000 from NRO account.
Non Resident is already paying Maximum marginal tax @30% On Indian income
Remittance needed for her family maintains.
Whether TCS On Remittance under Sec 206 C-1G will attract or not
Kindly Clarify the same .
Mahendra Doshi C.A
9920385264
Non Resident is already paying Maximum marginal tax @30% On Indian income
Remittance needed for her family maintains.
Whether TCS On Remittance under Sec 206 C-1G will attract or not
Kindly Clarify the same .
Mahendra Doshi C.A
9920385264
15 January 2024
https://kpmg.com/xx/en/home/insights/2023/09/flash-alert-2023-172.html#:~:text=Section%20206C(1G)%20of%20the,the%20amount%20of%20the%20package.
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