TP Ostwal does not see any reason for an Indian investor to invest in properties abroad just for the sake of an investment. He believes returns in India are higher than any other place
TP Ostwal, a specialist in international taxation, tells Forbes India about some of the tax issues that an investor should keep in mind while entering into an international real estate transaction.
2 judgments, one question, several answers and one brand new problem. Forget capital gains, MAT is the new problem for Mauritius based investors! Payaswini Upadhyay summarises the AAR decisions in the Castleton & Smithkline cases.
Imagine climbing a steep hill. The first 50 steps take you to the Advance Ruling Authority. Then a few hundred and you‘re at the Tribunal. Then you trudge for hours to reach the High Court. Some win there, others lose and take a deep breath with the Supreme Court in sight.