India, France amend DTAC; capital gains to be taxed on basis of residency of company
Image used for representation purposes. File | Photo Credit: Getty Images/iStockphoto India and France have amended the double taxation avoidance agreement which will provide for taxation of capital gains on the basis of residency of the company and deleted the Most-Favoured-Nation (MFN) clause bringing in certainty in taxation. The amending protocol also modifies the taxation…
