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TMI BlogTransfer of Government Security by one non-resident to another non-resident - THE FINANCE (No. 2) BILL, 2014X X X X Extracts X X X X X X X X Extracts X X X X ..... Transfer of Government Security by one non-resident to another non-resident - THE FINANCE (No. 2) BILL, 2014 - News and Press Release Dated:- 13-7-2014 - News - Transfer of Government Security by o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ne non-resident to another non-resident The existing provision contained in section 47 of the Act provides that certain transactions shall not be considered as transfer for the purpose of cha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rging of capital gains. With a view to facilitate listing and trading of Government securities outside India, it is proposed to insert clause (viib) in the said section so as to provide that a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ny transfer of a capital asset, being a Government Security carrying a periodic payment of interest, made outside India through an intermediary dealing in settlement of securities, by a non-resident t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o another non-resident shall not be considered as transfer for the purpose of charging capital gains. This amendment will take effect from 1st April, 2015 and will, accordingly, apply in relat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ion to assessment year 2015-16 and subsequent assessment years. [Clause 18] - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TM ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... I - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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