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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Investment in equity shares of Dow Agrosciences India Private ...


Investment in Dow Agrosciences India Shares is Capital Asset; No Permanent Establishment in India for Applicant.

January 22, 2016

Case Laws     Income Tax     AAR

Investment in equity shares of Dow Agrosciences India Private Limited - capital asset u/s 2(14) - There is no material to hold that the applicant has a PE in India and therefore, the income arising out of the transfer of shares should be treated as business income. - AAR

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