HI DEARS
all of u must read the chapter on tds
because the following sections:
1. SEC-194A TAX SHALL BE DEDUCTED FROM PAYMENT ON ACCOUNT OF COMPULSORY ACQUISITION
WHEREAS DUE TO SUCH COMPENSATION THERE ARISE CAPITAL GAIN IN THE HANDS OF RECIEPIENT
2.SEC-195 ANY PAYMENT OTHER THAN SALARY WHICH IS CHARGEABLE IN THE HANDS OF NON RESIDENT , TDS APPLICABLE
ANY PAYMENT INCLUDES PAYMENT IN THE FORM SALE CONSIDERATION DUE TO WHICH CAPITAL GAIN ARISE IN THE HANDS OF NON RESIDENT PAYEE
3.SEC-196C PAYMENT DUE TO WHICH LONG TERM CAPITAL GAIN ARISE IN THE HANDS OF PAYEE ON TRANSFER OF GLOBAL DEPOSITORY RECIEVED REFERRED IN SEC-115-AC, TDS IS APPLICABLE
4.SEC-196D ANY PAYMENT TO FOREIGN INSTITUTIONAL INVESTORS IN RESPECT OF SECURITIES REFERRED IN SEC-115AD(1)(a), TDS APPLICABLE
WHERE ANY PAYMENT INCLUDE TAHT PAYMENT DUE WHICH CAPITAL GAIN ARISE IN THE HANDS OF PAYEE
THANKS
CAclubindia
