Section 47(vicc) - Transfer of capital assets in a demerger, being a share of a foreign company

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..... ax - Manuals - Section 47(vicc) :- Transfer of capital assets in a demerger, being a share of a foreign company Section Transaction not regarded as transfer 47(vicc) (Applicable from AY 2016-17) Tran .....

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..... shareholders in the resulting foreign company; The above transaction does not attract tax on capital gains in the country, in which the demerged company is incorporated and Provided that provisions o .....

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