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    <title>2008 (12) TMI 3 - HIGH COURT OF BOMBAY</title>
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    <description>The Court concluded that the Petitioner failed to show that the Show Cause Notice lacked jurisdiction. The transaction involving the transfer of interests in Indian companies was deemed prima facie chargeable to tax in India. The Court upheld the constitutional validity of the 2008 amendments as clarificatory and not infringing Article 14. The Petitioner was directed to respond to the Show Cause Notice and provide relevant agreements for further adjudication.</description>
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      <description>The Court concluded that the Petitioner failed to show that the Show Cause Notice lacked jurisdiction. The transaction involving the transfer of interests in Indian companies was deemed prima facie chargeable to tax in India. The Court upheld the constitutional validity of the 2008 amendments as clarificatory and not infringing Article 14. The Petitioner was directed to respond to the Show Cause Notice and provide relevant agreements for further adjudication.</description>
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