UAE residents investing in Indian mutual funds can claim tax benefits. They must obtain a Tax Residency Certificate (TRC) from the UAE. Filing Form 10F is also crucial if the TRC lacks required details. This helps in claiming exemptions under the India-UAE DTAA. Excess tax deducted at source can be refunded. Following these rules avoids potential tax notices.
from Tax-Wealth-Economic Times https://ift.tt/vnHJE2L
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