Non-resident receiving policy amount on maturity
JAYANTILAL G PATEL (CA Practice ) (43 Points)
11 February 2016JAYANTILAL G PATEL (CA Practice ) (43 Points)
11 February 2016
ROSHAN
(TAX PRACTITIONER)
(74 Points)
Replied 13 February 2016
Yes, TDS is to be deducted only on the profit or interest portion of the policy amount @ 10% if PAN is available, else @ 30%
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)