Non-Resident Long-Term Capital Gains on Unlisted Indian Shares: Impact of Section 112(1)(c)(iii) and Section 48 Provisos Explained.

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....Computation of capital gains - Non-resident - Long term capital Gain / loss on share transactions - Benefit of indexation - it cannot be disputed that if as per section 112(1)(c)(iii), the 1st and 2nd proviso to section 48 of the Act are not given effect, the assessee will have a long-term capital gains from the sale of unlisted shares of the Indian company. - Additions confirmed - AT....