Application seeking liability of any capital gain tax on transfer of LLP interest is admissible: AAR

INCOME TAX : Where applicant seeks to know as to whether it is liable to any capital gains tax on transfer of LLP interest in any Indian LLP i.e., EPSIN to NVCJN under provisions of Article 13 of India-Netherlands double taxation avoidance agreement but department has raised objection to admission of application on ground that it involves determination of fair market value of property,

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