TMI BlogIndian Company Not Deemed Agent for Foreign Entity's Alleged Capital Gains; CFO's Role Clarified.Assessment in the hands of representative / agent - Chief Financial officer (CFO) of the non-resident assessee - Merely because those shares related to the Indian company, that would not make the Indian company as agent qua deemed capital gain purportedly earned by the foreign company. ..... X X X X Extracts X X X X X X X X Extracts X X X X
|