Single format · FV08-B7-4

Withholding computation note, buyer paying a non-resident seller of unlisted shares

A single format from the FC-TRS, Transfers Between Residents and Non-residents, Deferred Consideration and Escrow pack. s.393(2), s.395, s.397 ITA 2025 · Rule 220 · Forms 145/146.

Length
2 pages
Blanks to fill
64
Files
Word and PDF
Law stated to
16 September 2026

What it covers

  1. 1Withholding computation note, buyer paying a non-resident seller of unlisted sharess.393(2), s.395, s.397 ITA 2025 · Rule 220 · Forms 145/14664 blanks

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

File note — to be approved by the partner before the first payment (including any advance or escrow deposit)

Deductor: [Buyer] · TAN [Deductor's TAN] · Deductee: [Seller], tax resident of [country] · PAN [Seller's PAN] · Shares: [number, class, company]

1. Obligation. Section 393(2) of the Income-tax Act, 2025 (section 195 of the 1961 Act), Table S.No.17, payment code 1057, requires tax to be deducted on any sum chargeable paid to a non-resident, at the time of credit or payment, whichever is earlier. The buyer is responsible, whether resident or not.

11 more paragraphs and tables follow in the full format.

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