Deductibility of Withholding tax

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..... FACTS OF THE CASE : 1. A , B, C and D are NRI and have invested in the shares of a PVT Ltd company in India through transfer of funds from abroad. The company has allotted them shares and filled FC-GP .....

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..... R Form with RBI with in 30 days of the allotment of shares. The RBI has issued letter confirming having taken on record the investment of the NRI shareholders to be on repatriation basis. 2. Now A , B .....

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..... and C has sold there shares to D abroad and taken payament abroad. A has made profit of Rs.10 lacs in the deal, whereas B and C has sold shares at there cost. Please confirm whether D another NRI was .....

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..... liable to deduct withholding tax (TDS). - Reply By Surender Gupta - The Reply = Please go through the following ruling: 2007 -TMI - 2381 - AUTHORITY FOR ADVANCE RULINGS (In Income Tax Section - .....

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..... Case Laws on this site) - Deductibility of Withholding tax - Query Started By: - anil kalia Dated:- 2-8-2008 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post .....

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..... by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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