https://www.taxtmi.com/caselaws?id=393490 The Tribunal held that the gains from the transfer of shares of Accelyst Pte. Ltd., Singapore by the assessee to M/s Jasper Infotech Pvt. Ltd. are not taxable in India under the India-Belgium Tax Treaty. The Tribunal set aside the tax authority's decision, ruling that the gains should be taxed in Belgium under the treaty's provisions. The appeal by the assessee was allowed, and the addition of short-term capital gains in the hands of the assessee was vacated. en-us Thu, 05 Mar 2020 00:00:00 +0530 Wed, 22 Jul 2020 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393490 The Tribunal held that the gains from the transfer of shares of Accelyst Pte. Ltd., Singapore by the assessee to M/s Jasper Infotech Pvt. Ltd. are not taxable in India under the India-Belgium Tax Treaty. The Tribunal set aside the tax authority's decision, ruling that the gains should be taxed in Belgium under the treaty's provisions. The appeal by the assessee was allowed, and the addition of short-term capital gains in the hands of the assessee was vacated. Case-Laws Income Tax Thu, 05 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393490