{"id":41591,"date":"2020-12-07T15:23:09","date_gmt":"2020-12-07T09:53:09","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?page_id=41591"},"modified":"2023-08-04T14:42:42","modified_gmt":"2023-08-04T09:12:42","slug":"indirect-share-transfer-provisions-applicable-retrospectively-itat","status":"publish","type":"page","link":"https:\/\/enterslice.com\/learning\/indirect-share-transfer-provisions-applicable-retrospectively-itat\/","title":{"rendered":"Explanation to Indirect Share Transfer Provisions Applicable Retrospectively: ITAT"},"content":{"rendered":"<p>The Income Tax Appellate Tribunal (ITAT), Delhi has recently held that the <strong>Explanation 7 under section 9(1)(i)<\/strong> of the Income Tax Act 1961, which is related to the <strong>Indirect Share Transfer Provisions<\/strong>, shall be applicable retrospectively.<\/p>\n\n\n\n<p>In a recent case&mdash; &ldquo;Augustus Capital Pvt Ltd Vs DCIT (ITAT Delhi)&rdquo;, the ITAT has directed that the Explanation 7 under section 9(1)(i) of the Act shall apply. Let us understand first the case in detail.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Income Tax Appellate Tribunal (ITAT), Delhi has recently held that the Explanation 7 under section 9(1)(i) of the Income Tax Act 1961, which is related to the Indirect Share Transfer Provisions, shall be applicable retrospectively. In a recent case&mdash; &ldquo;Augustus Capital Pvt Ltd Vs DCIT (ITAT Delhi)&rdquo;, the ITAT has directed that the Explanation [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":41593,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"download-newsletter.php","meta":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.6.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Indirect Share Transfer Provisions Applicable Retrospectively: ITAT<\/title>\n<meta name=\"description\" content=\"ITAT Delhi has recently held that Explanation 7 under section 9(1)(i) of Income Tax Act 1961, which is related to the Indirect Share Transfer Provisions.\" \/>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterslice.com\/learning\/indirect-share-transfer-provisions-applicable-retrospectively-itat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indirect Share Transfer Provisions Applicable Retrospectively: ITAT\" \/>\n<meta property=\"og:description\" content=\"ITAT Delhi has recently held that Explanation 7 under section 9(1)(i) of Income Tax Act 1961, which is related to the Indirect Share Transfer Provisions.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterslice.com\/learning\/indirect-share-transfer-provisions-applicable-retrospectively-itat\/\" \/>\n<meta property=\"og:site_name\" content=\"Enterslice\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/enterslice\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-04T09:12:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/enterslice.com\/learning\/wp-content\/uploads\/2020\/12\/Explanation-to-Indirect-Share-Transfer-Provisions-Applicable-Retrospectively-ITAT.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"670\" \/>\n\t<meta property=\"og:image:height\" content=\"352\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:creator\" content=\"@enterslice\" \/>\n<meta name=\"twitter:site\" content=\"@enterslice\" \/>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/41591"}],"collection":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/users\/53"}],"replies":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/comments?post=41591"}],"version-history":[{"count":0,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/pages\/41591\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media\/41593"}],"wp:attachment":[{"href":"https:\/\/enterslice.com\/learning\/wp-json\/wp\/v2\/media?parent=41591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}