Exemption to capital gains and dividend for ship leasing units in IFSC

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....easing on capital gains tax on transfer of equity shares of domestic companies being units of IFSC, engaged in aircraft leasing. Further, clause (34B) of section 10 provides exemption to dividend paid by a company being a unit of IFSC engaged in aircraft leasing, to a unit of IFSC engaged in aircraft leasing. 2. It has been represented that similar to aircraft leasing business, in the ship leasin....