Tds applicability on purchase of shares

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Is there any TDS applicability in case of purchase of shares from Non-Resident. Buyer is a Domestic Company.
Replies (2)
The non resident may get Either Capital Gain or loss... TDS will be applicable under sec 195... for the determinatio of rate of TDS an application can be made for certificate under 197 from the income tax authority...

Thank you Sir. Is there any rate mentioned in the DTAA (India-US, please let me know the article to be referred in case rate is mentioned).


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