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Advance given to foreign AE to acquire satellite rights of Hollywood movies isn’t an international transaction

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  • Advance given to foreign AE to acquire satellite rights of Hollywood movies isn’t an international transaction
Posted onon March 14, 2016

Tenet Tax Daily March 08 2016

By tenettax-team
Corporate Tax, International Tax

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Loss making entity couldn’t be excluded from list of comparable without assigning any cogent reason for the same
Capital gain exemption available on corporate reorganization and not on buy-back of shares under India-Netherland DTAA

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