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In Re : Shinsei Investment I Ltd.

Capital gain on transfer of shares - Tax liability in India - India-Mauritius DTAA - Held that - This is a matter of fact and can be examined from share purchase agreement and other documents filed by the applicant. Sinshei Bank is a party to, the share purchase agreement because it is the sponsor and settler of the mutual fund in India and as required under the mutual funds regulations, Sinshei Bank Ltd. executed a trust deed dated 16. 7.2008 with the trustee company whereby Sinshei Bank Ltd. h....... + More

 

 

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