Can anyone suggest wheather there is any tax implication on investment of Capital by Foreign company in a new Joint Venture in India ?
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Tax on foreign investment in newly jv in india
Replies (2)
I think no tax implemantation on invesment .
Tax will be given on the income of joint venture
Yes there can be tax implications if the AO alleges that the investment is at value less than value of shares .
These allegations are made by revenue recently in case of Shell, which are still pending at various appelate levels.
Anuj
femaquery @ gmail.com
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