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Taxation of Non-Resident

Started on 23-Nov-2008, 11:18 AM

share your doubts,experience and knowledge about Taxation of Non-Resident

Re: Taxation of Non-Resident
by [312] Guest on 16-Aug-09, 11:58 AM
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Re: Taxation of Non-Resident
by [312] Guest on 04-Oct-09, 06:59 AM
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Re: Taxation of Non-Resident
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Re: Taxation of Non-Resident
by [312] Guest on 30-Dec-09, 05:24 PM
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Re: Taxation of Non-Resident
by [312] Guest on 18-Mar-10, 11:57 AM

In case of a Non Resident Company, is the benefit of proviso under section 112 available ?

Normally the LT capital gains are taxed @ 20 %. But where income arises from capital assets, being listed securities, gains will be chargeable @ 10% before giving effect to the second provisio to section 48.

Second proviso to Section 48 is applicable only to the residents. Does this mean non residents would not be provided with the benefit of lower tax ? 

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