LAXMIKANT JAIPURKAR (Practicing Company Secretary/Tax Consultant) (403 Points)
08 August 2009Is there is any TDS on Income Tax for the earnings from Mutual Funds to Non-Resident Indians ?
Urgent pl.
Ashish M
(Chartered Accountant)
(2731 Points)
Replied 09 August 2009
the earnings of dividend from mutual funds is exempts in the hands of the unit holder whether the unit holder is resindent or non-resident................as it is taxable in the hands of the company u/s 115R........................
CAclubindia
