https://www.taxtmi.com/manuals?id=2787 Capital gains arising through or from the transfer of a capital asset situated in India are deemed to accrue or arise in India regardless of asset type, document registration location, or payment place; shares or interests in foreign entities are deemed situated in India if they derive their value substantially from assets located in India, determined by tests using a specified date, fair market value and the proportion of India-located assets, subject to proportional taxation where not all assets are India-located. en-us Wed, 31 May 2023 16:23:00 +0530 Wed, 21 Feb 2024 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=2787 Capital gains arising through or from the transfer of a capital asset situated in India are deemed to accrue or arise in India regardless of asset type, document registration location, or payment place; shares or interests in foreign entities are deemed situated in India if they derive their value substantially from assets located in India, determined by tests using a specified date, fair market value and the proportion of India-located assets, subject to proportional taxation where not all assets are India-located. Manuals Income Tax Wed, 31 May 2023 16:23:00 +0530 https://www.taxtmi.com/manuals?id=2787