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Section 115AC - Tax on income from bonds or global depository receipts purchased in foreign currency or capital gains arising from their transfer

Income Tax - Computation of Income or Rate of Tax in case of Specified Income or in Specified Type of Assesses (Section 115 series) - 03 - SEC - 115AC: Tax on income from bonds or global depository receipts purchased in foreign currency or capital gains arising from their transfer Where the total income of an assessee, being a non-resident, includes - Nature of Income Rate of Tax (a) income by way of interest on bonds of an Indian company or on bonds of a public sector company sold by the Govern .....

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