https://www.taxtmi.com/news?id=17277 Clarification concerns the Indirect Transfer provision under the Income Tax Act, 1961 and a government circular interpreting its scope. Stakeholders raised concerns that the circular may permit multiple taxation of the same income; their representations are under consideration. Pending resolution, the operation of the circular has been placed in abeyance, temporarily suspending its effect until a decision is taken. en-us Wed, 18 Jan 2017 10:00:41 +0530 Wed, 18 Jan 2017 10:00:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17277 Clarification concerns the Indirect Transfer provision under the Income Tax Act, 1961 and a government circular interpreting its scope. Stakeholders raised concerns that the circular may permit multiple taxation of the same income; their representations are under consideration. Pending resolution, the operation of the circular has been placed in abeyance, temporarily suspending its effect until a decision is taken. News - Wed, 18 Jan 2017 10:00:41 +0530 https://www.taxtmi.com/news?id=17277