In a case about the foreign direct investment of Indium IV Holdings (Mauritius), the tribunal has allowed the fund to carry forward long term capital loss (LTCL) while simultaneously allowing the fund to claim treaty benefit for short term capital gains (STCG).
The verdict is expected to set a precedent and help many other Mauritius-based funds who are facing similar issues, say tax experts.
Diese Geschichte stammt aus der October 16, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der October 16, 2023-Ausgabe von Mint Mumbai.
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