15,00,000 shares @ Rs. 10 per share, of an Indian company are transferred by a foreign national to an indian national, now that the indian national would remit 1.5cr to purchase the shares ,will TDS be chargeable on the above transaction?
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Applicability of tds & dtaa on share transfer
Replies (1)
Yes.....very much. Check the Act also DTAA , based on the countries involved
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