Tuesday, April 10, 2018

'SHARE' v (X) Controlling Interest


Among others, the  two propositions that do not seem to have been explored (or fully exploited ad addressed) ARE:

 1.     1. Transfer of ‘controlling interest’ by a NR to another NR , through transfer of shareholding  in an Indian company ,  is, by any logic or reasoning,  not exigible to taxation in India.
    
 I   2. In  any view, the concept of ‘indirect transfer’, lately introduced, through the amendments of sec 9-  do not help the Revenue to so tax; for, even on the premise that the deeming provisions  enable the   Revenue to do so, a computation of the chargeable gains will result in a ‘nil’ figure. 
      
     
                      
RESOURCES (Study Material) -

TAGS > ‘Vodafone’;  ‘Indirect Transfer’; ‘Intellectual Property’ ; 'Intangible Asset’; ‘Share v (X) 'Controlling Interest ‘; ‘ Treaty  Override’ ...


Blogs (Google ‘swamilook’ – Spl. Labels) :

http://vswaminathan-swamilook.blogspot.in/2014/09/taxation-capital-v-revenue-unending.html

Pubished articles , ….. -
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