Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
The notification amends the Foreign Exchange Management (Debt Instruments) Regulations, 2019, allowing persons residing outside India to purchase and sell Sovereign Green Bonds issued by the Government of India in the International Financial Services Centre (IFSC), subject to specified terms and conditions. It permits inward remittance or use of foreign currency account funds for purchase consideration and outward remittance of sale/maturity proceeds (net of taxes). The amendment aims to facilitate investment in Sovereign Green Bonds by non-residents in the IFSC.
The notification amends the Foreign Exchange Management (Debt Instruments) Regulations, 2019, allowing persons residing outside India to purchase and sell Sovereign Green Bonds issued by the Government of India in the International Financial Services Centre (IFSC), subject to specified terms and conditions. It permits inward remittance or use of foreign currency account funds for purchase consideration and outward remittance of sale/maturity proceeds (net of taxes). The amendment aims to facilitate investment in Sovereign Green Bonds by non-residents in the IFSC.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4807 
Join Channel 
