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Investment In Shares In Indian Subsidiary Capital Account Transaction , Not Income: Delhi High Court

The Delhi High Court has held that investment in shares by a company in its Indian subsidiary is a “capital account transaction” which does not give rise to any income. Therefore, the same cannot be.

Delhi HC stays reassessment proceedings against Flipkart group companies in ₹3,500-crore FDI case

Delhi HC stays reassessment proceedings against Flipkart group companies in ₹3,500-crore FDI case
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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