Tax
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 November 2013
An NR company is gifting Indian shares (i.e. shares of Indian company) to an NRI. Both are residing in different countries. Further NRI is gifting these shares to another NRI. Is there any income tax complications in these transactions?
10 November 2013
after Vodafone, it is quite possible to tax such transactions.
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