TRC

Whether TRC is required in case of import of Machines?

Income Tax - A new sub-section (4) to section 90 has been inserted by the Finance Act, 2012 w.e.f. 01.04.2013 wherein a non-resident assessee who claims any relief under Double Taxation Avoidance Agreement [DTAA] is required to obtain a Tax Residency Certificate [TRC] from the Government of that country of which he is resident....

Read More

TDS on legal service received from outside India

Income Tax - Legal fees is deemed to accrue or arise in India, whether or not non-resident has place of business in india or has rendered services in India. ...

Read More

Tax Residency Certificate (TRC) – In its new version

Income Tax - Provisions of requirement of Tax Residency Certificate were introduced last year. The Finance Minister has attempted to make changes to the existing provisions. The author analyses the changes that are proposed and the possible effects. ...

Read More

Amendments to Finance Bill, 2013 as passed by Lok Sabha

Income Tax - Interest payable to Foreign Institutional Investors (FIIs) and Qualified Foreign Investors (QFIs) on rupee denominated corporate bonds or government securities The proposal made in the Finance Bill 2013, to provide that the concessional rate of TDS on payment of interest will be available where a non-resident or a foreign company has depo...

Read More

Requirement of TRC to contain prescribed particulars to be dispensed with

Income Tax - Sub-section (4) of 90 and 90A provides that treaty benefit will not be available to any Non Resident unless he furnishes TRC from the Government of his country of residence containing such particulars as may be prescribed. The Finance Bill, 2013 had proposed to insert sub-section (5) in sections 90 and 90A to provide that […]...

Read More
Sorry No Post Found
Sorry No Post Found

Additional info to be furnished by Non Resident with TRC to claim treaty benefits

Notification No. 57/2013 - Income Tax - (01/08/2013) - Notification No. 57/2013 - Income Tax (1) These rules may be called the Income-tax (11th Amendment) Rules, 2013. (2) They shall be deemed to have come into force with effect from the 1st day of April, 2013. 2. In the Income-tax Rules, 1962,- (a) in rule 21AB, for sub-rules (1) and (2), the follo...

Read More

Recent Posts in "TRC"

Whether TRC is required in case of import of Machines?

A new sub-section (4) to section 90 has been inserted by the Finance Act, 2012 w.e.f. 01.04.2013 wherein a non-resident assessee who claims any relief under Double Taxation Avoidance Agreement [DTAA] is required to obtain a Tax Residency Certificate [TRC] from the Government of that country of which he is resident....

Read More
Posted Under: Income Tax |

TDS on legal service received from outside India

Legal fees is deemed to accrue or arise in India, whether or not non-resident has place of business in india or has rendered services in India. ...

Read More
Posted Under: Income Tax |

Additional info to be furnished by Non Resident with TRC to claim treaty benefits

Notification No. 57/2013 - Income Tax (01/08/2013)

Notification No. 57/2013 - Income Tax (1) These rules may be called the Income-tax (11th Amendment) Rules, 2013. (2) They shall be deemed to have come into force with effect from the 1st day of April, 2013. 2. In the Income-tax Rules, 1962,- (a) in rule 21AB, for sub-rules (1) and (2), the following sub-rules shall be substituted name...

Read More

Tax Residency Certificate (TRC) – In its new version

Provisions of requirement of Tax Residency Certificate were introduced last year. The Finance Minister has attempted to make changes to the existing provisions. The author analyses the changes that are proposed and the possible effects. ...

Read More
Posted Under: Income Tax |

Amendments to Finance Bill, 2013 as passed by Lok Sabha

Interest payable to Foreign Institutional Investors (FIIs) and Qualified Foreign Investors (QFIs) on rupee denominated corporate bonds or government securities The proposal made in the Finance Bill 2013, to provide that the concessional rate of TDS on payment of interest will be available where a non-resident or a foreign company has depo...

Read More
Posted Under: Income Tax |

Requirement of TRC to contain prescribed particulars to be dispensed with

Sub-section (4) of 90 and 90A provides that treaty benefit will not be available to any Non Resident unless he furnishes TRC from the Government of his country of residence containing such particulars as may be prescribed. The Finance Bill, 2013 had proposed to insert sub-section (5) in sections 90 and 90A to provide that […]...

Read More
Posted Under: Income Tax |

Browse All Categories

CA, CS, CMA (3,934)
Company Law (4,142)
Custom Duty (7,114)
DGFT (3,786)
Excise Duty (4,170)
Fema / RBI (3,547)
Finance (3,748)
Income Tax (28,344)
SEBI (2,985)
Service Tax (3,413)

Featured Posts

Search Posts by Date

December 2018
M T W T F S S
« Nov    
 12
3456789
10111213141516
17181920212223
24252627282930
31