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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Capital gain arising on transfer of shares - the attempt of the ...

Income Tax

February 17, 2016

Capital gain arising on transfer of shares - the attempt of the assessee to bring the transferring of shares within the ambit of the term “reorganisation” may not be correct, since the object of the arrangement was not financial restructuring, but to provide an exit route to the non-resident shareholders. - AT

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