Income inclusion for non-residents expands to long-term capital gains from transfer of specified bonds or shares. The opening portion of the provision is substituted to include income by way of interest, dividends, or long-term capital gains arising from the transfer of specified bonds or shares when payable to a non-resident, thereby extending the provision's coverage to such long-term capital gains.
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Provisions expressly mentioned in the judgment/order text.
Income inclusion for non-residents expands to long-term capital gains from transfer of specified bonds or shares.
The opening portion of the provision is substituted to include income by way of interest, dividends, or long-term capital gains arising from the transfer of specified bonds or shares when payable to a non-resident, thereby extending the provision's coverage to such long-term capital gains.
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