Transfer of capital asset between wholly owned subsidiary and its Indian holding company exempted under amended transfer rule. The amendment excludes from capital gains taxation any transfer of a capital asset by a subsidiary company to its holding company where the holding ... Summary
Transfer of capital asset between wholly owned subsidiary and its Indian holding company exempted under amended transfer rule.
The amendment excludes from capital gains taxation any transfer of a capital asset by a subsidiary company to its holding company where the holding company owns the whole share capital of the subsidiary and the holding company is an Indian company.
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