We have deducted TDS on secondary purchases of investments from Non-Residents under the relaxation provided by Rule 37BC of the Income Tax Rules, 1962, and filed TDS Form 27Q.
However, as PAN was unavailable in these cases, we have received an intimation/demand from the TDS department citing short deduction of TDS (without considering the relaxation under Rule 37BC).
If anyone can provide guidance on how to handle this situation, it would be greatly appreciated.
residents
investments
purchases
secondary
Hello everyone,
I'm curious to know if there are any quarterly investor reporting requirements for a CAT 3 AIF as per AIF regulations. Could someone please provide guidance on this matter?
Thank you.
regulations
requirements
reporting
investor
quarterly
Dear All,
What is the downstream investment?
investment
downstream
Are there any exchange control regulations or foreign investment restrictions applicable to foreign directors?
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directors
applicable
restrictions
investment
Is there an option available to amend the name of the identified investor in the resolution that was filed for the private placement offer using Form MGT-14?
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What are the ways of FDI Investment in LLP?
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Are there any restrictions on the activities or investments of holding and subsidiary companies?
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subsidiary
holding
investments
Can society buy shares in Private Company ?
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share
investment
Difference Between Greenfield and Brownfield Investments in FDI ?
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brownfield
greenfield
When does SFIO investigate into the affairs of a company?
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sfio
Dear All,
Can existing investments made as FIIs/SAs/Qualified Foreign Investors
(QFIs) be retained under the FPI regime?
fiis
investments
When does SFIO investigate into the affairs of a company?
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affairs
into
investigate
