Wednesday, December 26, 2012

Frequently Asked Tax Questions by Qualified Foreign Investors (QFIs)

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Date: Wed, Dec 26, 2012 at 2:52 PM
Subject: Message from EGroup of SolapurCAs Frequently Asked Tax Questions by Qualified Foreign Investors (QFIs)


Dear Subscriber,

Frequently Asked Tax Questions by Qualified Foreign Investors (QFIs)

The CBDT has issued a Press release dated 26-12-2012 in which it has answered several questions relating to foreign investors in an easy-to-understand format. The questions raised pertain to the requirement to obtain PAN, how to compute capital gains, how to offer income to tax, the applicability of treaty benefits, the obligation to deduct TDS, set-off of losses, rate of tax etc. The FAQs are very important for all tax practitioners.

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