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Income Tax - Highlights / Catch Notes

Home Highlights August 2012 Year 2012 This

The capital gains arising out of the proposed buyback of shares ...


India-Mauritius DTAC exempts capital gains from share buybacks from Indian taxation under Article 13, Paragraph 4.

August 24, 2012

Case Laws     Income Tax     AAR

The capital gains arising out of the proposed buyback of shares is not taxable in India in view of paragraph 4 of Article 13 of the DTAC between India and Mauritius. - AAR

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