Capital gain on sale of shares of Indian company - there can be ...

Case Laws Income Tax

August 21, 2014

Capital gain on sale of shares of Indian company - there can be no recourse to Explanation 5 to enlarge the scope of Section 9(1) of the Act so as to cast the net of tax on gains or income that may arise from transfer of an asset situated outside India, which derives bulk of its value from assets outside India - HC

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Capital gain on sale of shares of Indian company - there can be ...

Case Laws Income Tax

August 21, 2014

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