5 Section 195(1) – Persons covered Payment by any person – Includes Individuals and HUFs – Includes Non-residents and Foreign Companies – Includes a person having no taxable income or income not taxable in India Payments to non-residents – Includes all Non-residents having presence in India or not – It does not include RNOR Any sum chargeable to tax – Does not apply to any and every payments – Does not apply to salary payments and exempt dividends Payment by non-resident to another non-resident.
{}