Capital Gain Derived by Sale of Equity Shares not Taxable in terms of Article 13(4) of India-Mauritius DTAA: ITAT [Read Order]

ITAT - capital Gain - Capital Gain Derived by Sale of Equity - Equity - India-Mauritius DTAA - taxscan

The Delhi Bench of Income Tax Appellate Tribunal (ITAT) has held that the capital gain derived by the sale of equity shares is not taxable in terms of Article 13(4) of the India Mauritius Double Taxation Avoidance Agreement (DTAA). The assessee, Sarva Capital LLC was a non-resident corporate entity incorporated under the laws of Mauritius…

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