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Remittances to non-residents under section 195 of the Income

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Remittances to non-residents under section 195 of the Income

Section 195 of the Income-tax Act, 1961 mandates deduction of income tax from payments made or credit given to non-residents at the rates in force. The Reserve Bank of India has also mandated that except in the case of certain personal remittances which...

Posted on 21 December 2009  (Downloads: 346) Income Tax





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