Section 47(viia) - Any transfer of bonds or GDR referred to in Sec. 115AC, made outside India by a Non-Resident to another Non-resident

Section 47(viia) - Any transfer of bonds or GDR referred to in Sec. 115AC, made outside India by a Non-Resident to another Non-resident https://www.taxtmi.com/manuals?id=972 Capital gains treatment excludes from the definition of transfer any transfer of bonds or GDRs referred to in section 115AC when made outside India by a non-resident to another non-resident. The provision is a specific exception within transactions not regarded as transfer and applies only where both transferor and transferee are non-residents and the capital asset consists of the specified bonds or global depositary receipts covered by section 115AC. en-us Wed, 26 Aug 2015 09:41:00 +0530 Thu, 28 May 2026 16:53:00 +0530 TaxTMI RSS Generator Section 47(viia) - Any transfer of bonds or GDR referred to in Sec. 115AC, made outside India by a Non-Resident to another Non-resident https://www.taxtmi.com/manuals?id=972 Capital gains treatment excludes from the definition of transfer any transfer of bonds or GDRs referred to in section 115AC when made outside India by a non-resident to another non-resident. The provision is a specific exception within transactions not regarded as transfer and applies only where both transferor and transferee are non-residents and the capital asset consists of the specified bonds or global depositary receipts covered by section 115AC. Manuals Income Tax Wed, 26 Aug 2015 09:41:00 +0530 https://www.taxtmi.com/manuals?id=972