Transfer of the 74% shares to the Singapore company - ...
Singapore Firm's 74% Share Transfer Exploits India-Singapore DTAA for Tax Benefits, Utilizing 'Treaty Shopping' Strategy.
March 22, 2013
Case Laws Income Tax HC
Transfer of the 74% shares to the Singapore company - transactions were part of a design of 'treaty shopping' as having regard to the DTAA between India and Singapore, the capital gain would only be taxed at Singapore and not in India. - HC
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