shares of an american company
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 May 2011
If an Indian citizen (individual) holds shares of an AMerican company, would he be subject to any tax on sale of such shares.
Also how should such shares be accounted for. Should they be shown in AIR
Also how should such shares be accounted for. Should they be shown in AIR
12 May 2011
ANY INCOME OF A RESIDENT IS TAXABLE IN INDIA
THE GAINS WOULD BE TAXED IN USA ALSO
BY VIRTUE OF DTAA ART 13
HOWEVER DOUBLE TAX RELEIF WLD BE ALLOWED TO THE ASSESSEE
CA MANOJ GUPTA
JODHPUR
09828510543
THE GAINS WOULD BE TAXED IN USA ALSO
BY VIRTUE OF DTAA ART 13
HOWEVER DOUBLE TAX RELEIF WLD BE ALLOWED TO THE ASSESSEE
CA MANOJ GUPTA
JODHPUR
09828510543
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