AAR held that capital gains on sale of shares of BD India by BD Mauritius to Singapore company would not be chargeable to tax in the hands of the applicant in considering the provisions of India -Mauritius Tax Treaty .
Becton Dickinson ( Mauritius) Ltd , In re ( 2019) 110 taxmann.com 291 ( AAR) ( Delhi )
S. 45 : Capital gains – Sale of shares – BD Mauritius – Not taxable in India – DTAA-India – Mauritius [ Art, 13]