The income accrued or arisen to, or received by, a non-resident ...

Non-resident income from non-deliverable forward contracts is tax-exempt u/s 10(4E), subject to Rule 21AK conditions.

March 1, 2022

Act Rules Income Tax

The income accrued or arisen to, or received by, a non-resident as a result of transfer of non-deliverable forward contracts under clause (4E) of section 10 of the Act, shall be exempted subject to fulfillment of the conditions under rule 21AK

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The income accrued or arisen to, or received by, a non-resident ...

Non-resident income from non-deliverable forward contracts is tax-exempt u/s 10(4E), subject to Rule 21AK conditions.

March 1, 2022

Act Rules Income Tax

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