Amendment of section 47

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ct, after clause (via), the following clauses shall be inserted with effect from the 1st day of April, 2000, namely :- "(vib) any transfer, in a demerger, of a capital asset by the demerged c....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... resulting foreign company; and (b) such transfer does not attract tax on capital gains in the country, in which the demerged foreign company is incorporated : Provided that the provisions of....