Dear Friends,
Is transfer of Indian shares from NRI to Foreign company is taxable in India? And if yes, then under which source of income.
Kindly expedite.
Thanx,
CA.Happy Bhardwaj
Dear Friends,
Is transfer of Indian shares from NRI to Foreign company is taxable in India? And if yes, then under which source of income.
Kindly expedite.
Thanx,
CA.Happy Bhardwaj
As per my view, capital gain would arise to Nri & taxable in India & foreign company needs to deduct tds on the same.
O P Bagla & Co LLP
New Delhi
CA Inter
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Karia Overseas
Ahmedabad
CA
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Vardhaman Group of India
Pimpri Chinchwad
CA Inter
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CAclubindia
