TMI BlogClarification on Indirect Transfer provision under the Income Tax Act, 1961X X X X Extracts X X X X X X X X Extracts X X X X ..... Clarification on Indirect Transfer provision under the Income Tax Act, 1961 - News and Press Release Dated:- 18-1-2017 - News - Circular No. 41/2016 was issued on 21 December, 2016 which dealt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with clarification on Indirect Transfer provisions. After the issue of the aforementioned circular, representations have been received from various FPIs, FIIs, VCFs and other stakeholders. The stakeh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... olders have presented their concerns stating that the circular does not address the issue of possible multiple taxation of the same income. The representations made by the stakeholders are currently u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nder consideration and examination. Pending a decision in the matter, the operation of the above mentioned circular is kept in abeyance for the time being. - News - Press release - PIB Tax Mana ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gement India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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