<s>[INST] Is there any exemption available to a person from the provisions of section 206AA? [/INST] The provisions of ​​​​section 206AA shall not be applicable in respect of the following income received by a non-resident (or a foreign company):

 (a) Interest on bonds referred to under ​​​​Section 194LC;

 (b) Specified payments as referred under ​Rule 37BC; and

 (c) Income in respect of investment in Category I or Category II AIFs as referred under Rule 114AAB. </s>