Hi, Good Morning!
Please help me out on below:
Company X( private limited company) invested in Company Y ( Private Limited Company) by mode equity or Private Equity.
please explain the tax implications on investments and dividend or interest income made and received by Company X respectively
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Tax Implications
Replies (1)
no tax implications . dividend Received will be exempt. however on sale of shares CG in excess of 1lac will be chargeable to tax
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