194LD

Ritik Chopra (student) (8123 Points)

05 May 2021  

XYZ Ltd., a Foreign Institutional Investor (FII), has total income comprising of only short-term capital gains of ` 50 lakh on sale of listed equity shares and interest income referred under section 194LD of ` 15 lakh. What is the tax liability of the FII for the P.Y. 2020-21?