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Section 115ACA - Tax on income from global depository receipts purchased in foreign currency or capital gains arising from their transfer

Income Tax - Computation of Income or Rate of Tax in case of Specified Income or in Specified Type of Assesses (Section 115 series) - 04 - SEC - 115ACA: TAX ON INCOME FROM GLOBAL DEPOSITORY RECEIPTS PURCHASED IN FOREIGN CURRENCY OR CAPITAL GAINS ARIS .....

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Indian company engaged in specified knowledge based industry or service, issued in accordance with such Employees' Stock Option Scheme and purchased in foreign currency. ii.Long-term capital gain on transfer of such GDRs Explanation: "specif .....

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