Capital Gains - transfer made outside India of a capital asset being rupee denominated bond of Indian company issued outside India, by a non-resident to another non-resident shall not be regarded as transfer - Budget 2017-18 w.e.f. AY 2018-19

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ransfer - Budget 2017-18 w.e.f. AY 2018-19
Clause - 023 - Amendment of section 47. THE FINANCE BILL, 2017
Bill
Act-Rules
Dated:- 3-2-2017
Clause - 023 - Amendment of section 47. THE .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... enture-stock or deposit certificates in any form, of a company into shares or debentures of that company is not regarded as transfer. It is proposed to insert a new clause (viiaa) in section 47 so as .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X