https://www.taxtmi.com/caselaws?id=354209 The income derived by the shareholders from the sale of shares of Bock GmbH is not chargeable to tax in India under the Income-tax Act, 1961, read with the India-Germany DTAA. There is no obligation to withhold tax under section 195 of the Income-tax Act, 1961. The ruling was pronounced on 28th November 2017. en-us Tue, 28 Nov 2017 00:00:00 +0530 Fri, 16 Feb 2018 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354209 The income derived by the shareholders from the sale of shares of Bock GmbH is not chargeable to tax in India under the Income-tax Act, 1961, read with the India-Germany DTAA. There is no obligation to withhold tax under section 195 of the Income-tax Act, 1961. The ruling was pronounced on 28th November 2017. Case-Laws Income Tax Tue, 28 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354209