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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Taxation of income from dividents and capital gains under the ...


Capital Gains from SKR BPO Shares Sale by Blackstone Mauritius, Barclays Taxable Only in Mauritius Under Article 13.

August 31, 2015

Case Laws     Income Tax     HC

Taxation of income from dividents and capital gains under the Indo-Mauritius Double Tax Avoidance Convention - the capital gains that arose on account of the sale of the shares of SKR BPO by Blackstone Mauritius and Barclays are derived by a resident of a Contracting State from the alienation of property other than property mentioned in paragraphs 1, 2 and 3 of the Article 13 and are, therefore, taxable only in ‘that State’ i.e. Mauritius. - HC

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