TMI BlogSingapore Firm's 74% Share Transfer Exploits India-Singapore DTAA for Tax Benefits, Utilizing 'Treaty Shopping' Strategy.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 ..... X X X X Extracts X X X X X X X X Extracts X X X X
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