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US based private investment group making Investment with Govt. approval cannot be treated as a sham transaction
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Corporate Tax
US based private investment group making Investment with Govt. approval cannot be treated as a sham transaction
Posted on
on
June 27, 2019
Tenet Tax Daily June 22 2019
By
tenettax-team
Corporate Tax
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If assessee is step-down subsidiary of a Public Co. listed on the stock Exchange there will be no angel tax
No disallowance of share trading loss if all transactions were carried on stock exchange
