Capital gain
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 December 2012
Dear All,
Kindly guide me the following case.
"M/s A Ltd" - Foreign Company
"M/s B Ltd" - also Foreign Company
"M/s C Ltd" - Indian Company
Shares of "M/s C Ltd" held by "M/s A Ltd" which sold to "M/s B Ltd".
What is the TAX implication in India in the hands of C ltd ?
Indian Company shares sold by one foreign company to another foreign company, what is the tax implication in the hand of Indian company?
Thanks in Advance
Kindly guide me the following case.
"M/s A Ltd" - Foreign Company
"M/s B Ltd" - also Foreign Company
"M/s C Ltd" - Indian Company
Shares of "M/s C Ltd" held by "M/s A Ltd" which sold to "M/s B Ltd".
What is the TAX implication in India in the hands of C ltd ?
Indian Company shares sold by one foreign company to another foreign company, what is the tax implication in the hand of Indian company?
Thanks in Advance
14 December 2012
Hi
There is no tax impact in the hands of Indian co. since transaction happened between two foreign co.
thanks//Vaibhav
There is no tax impact in the hands of Indian co. since transaction happened between two foreign co.
thanks//Vaibhav
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