Application made by the applicant whether it is liable to pay any capital gains tax on transfer of shares and on receipt of dividend in kind is admitted.
Alliance Data Lux Financing S.A.R.L., In re (2021) 279 Taxman 5 (AAR)
S. 245R : Advance rulings-Capital gains tax-Transfer of shares on receipt of dividend in kind-Application is admitted-DTAA-India-Luxembourg. [Art. 10, 13]