https://www.taxtmi.com/forum/issue?id=851 Whether withholding tax (TDS) is deductible on an NRI-to-NRI transfer of shares where the shares were allotted on a repatriation basis: four NRIs invested via funds remitted from abroad, FC-GPR was filed and RBI recorded repatriation; three sold to a fourth NRI abroad with one vendor realising a profit. The adviser referred to an Authority for Advance Rulings decision (2007-TMI-2381) for guidance on the purchaser's TDS obligation. en-us Sat, 02 Aug 2008 13:31:42 +0530 Thu, 23 Jan 2025 15:58:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=851 Whether withholding tax (TDS) is deductible on an NRI-to-NRI transfer of shares where the shares were allotted on a repatriation basis: four NRIs invested via funds remitted from abroad, FC-GPR was filed and RBI recorded repatriation; three sold to a fourth NRI abroad with one vendor realising a profit. The adviser referred to an Authority for Advance Rulings decision (2007-TMI-2381) for guidance on the purchaser's TDS obligation. Discussion-Forum Income Tax Sat, 02 Aug 2008 13:31:42 +0530 https://www.taxtmi.com/forum/issue?id=851