The Central Board of Direct Taxes (CBDT) has clarified that the income received by a non- resident investor from off-shore investments routed through the Category I or Category II AIF is not taxable in India as per provisions of Section 5(2) of the Income Tax Act, 1961. The Board has issued a clarification regarding taxability […]
The post Income of Non-Resident Investor from Off-Shore Investments through AIFs not Taxable in India: CBDT [Read Circular] appeared first on Taxscan | Simplifying Tax Laws.
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