CBDT exempts non-resident from the purview of Sec 206C (1G)



Quick Summary
The Central Board of Direct Taxes (CBDT) has issued a new notification exempting non-residents from the provisions of Section 206C(1G) of the Income-tax Act. This exemption applies to non-residents who do not have a permanent establishment in India. The notification supersedes a previous one and comes into effect from its publication date.

MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION New Delhi, the 17th August, 2022 INCOME-TAX S.O. 3878(E).- In exercise of the powers conferred by clause (ii) to fifth proviso to sub-section (1G) of section 206C of the Income-tax Act, 1961 (43 of 1
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FAQ :

Non-residents who do not have a permanent establishment in India are exempt from the provisions of Section 206C(1G) of the Income-tax Act.

The article mentions that the exemption applies to non-residents who do not have a permanent establishment in India, but it does not define the term.

The notification pertains to sub-section (1G) of Section 206C of the Income-tax Act, 1961.

This notification comes into force from the date of its publication in the Official Gazette.

Yes, this new notification supersedes a previous notification published on March 30, 2022 (S.O. 1494(E)).




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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