https://www.taxtmi.com/caselaws?id=214927 A Mauritius tax resident holding a valid tax residency certificate was entitled to treaty protection under Article 13 of the India-Mauritius DTAC for capital gains on the proposed sale of shares, and objections based on routing of investments, Indian control, or actual taxation in Mauritius were rejected. The capital gains from the share transfer were therefore not chargeable to tax in India. As no income chargeable to tax in India arose from the transaction, the purchaser had no obligation to deduct tax at source under section 195 of the Income-tax Act, 1961. en-us Wed, 18 Jul 2012 00:00:00 +0530 Thu, 19 Jul 2012 18:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=214927 A Mauritius tax resident holding a valid tax residency certificate was entitled to treaty protection under Article 13 of the India-Mauritius DTAC for capital gains on the proposed sale of shares, and objections based on routing of investments, Indian control, or actual taxation in Mauritius were rejected. The capital gains from the share transfer were therefore not chargeable to tax in India. As no income chargeable to tax in India arose from the transaction, the purchaser had no obligation to deduct tax at source under section 195 of the Income-tax Act, 1961. Case-Laws Income Tax Wed, 18 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=214927