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.
SSGS and Associates
Chennai
CA Inter
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T R SOOD & CO
New Delhi
CA Inter
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Shaswat initial support private limited
Ahmedabad
CS
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O P Bagla & Co LLP
New Delhi
CA Inter
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CAclubindia
