Transfer outside India of rupee denominated bond by a non-resident to another non- resident - (New) Section 70(1)(q) / (Old) Section 47(viiaa)

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Full Text of the Document

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.... 01.04.2025 ] Under section 70(1)(q), made outside India, of a capital asset, being rupee denominated bond of an Indian company issued outside India, by a non-resident to another non-resident. Under Section 72(7), In the case of an assessee who is a non-resident, any gains arising on account of appreciation of rupee against a foreign currency at the time of redemption of rupee denominat....