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
Are there any restrictions on the activities or investments of holding and subsidiary companies?
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subsidiary
holding
investments
Difference Between Greenfield and Brownfield Investments in FDI ?
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brownfield
greenfield
Dear All,
Can existing investments made as FIIs/SAs/Qualified Foreign Investors
(QFIs) be retained under the FPI regime?
fiis
investments
Hello Everyone!
Can a Non Resident Indians (NRI) make investments by opening a demat
account through QFI (Qualified Foreign Investors) Route ?
route
through
investments
Dear Members,
Is the investment in Axis Dynamic Bond Fund also counted as Security for calculating limit under section 186(2) (c) of the Companies Act, 2013
Also for calculating the limit under section 186 (2) which years paid up share capital and free reserves are considered if the investment is done on 25.02.2021
companies
section
under
investments
Dear Team,
Is there any source for checking the investment made by a company in Unquoted Shares ?
investments
unquoted
