Tax on income from Global Depository Receipts purchased in foreign currency or capital gains arising from their transfer – Section 115ACA

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... eived by R esident Individual and an employee of an Indian company or its subsidiary engaged in specified knowledge-based industry or service GDR issued as per ESOP s Tax Rate:- Dividend on GDR of an Indian company 10% Long-term capital gain on transfer of such GDRs 10% Explanation: Specified knowledge based industry or service means- Information technology s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X