The capital gains on conversion of a Indian branch of a foreign Bank into an Indian subsidiary in accordance with scheme framed by RBI and subject to conditions notified by central Govt, is exempt u/s
A. 10(39)
B. 10(38)
C. 115VJ
D. 115JG
Answer:D
The capital gains on conversion of a Indian branch of a foreign Bank into an Indian subsidiary in accordance with scheme framed by RBI and subject to conditions notified by central Govt, is exempt u/s
A. 10(39) B. 10(38) C. 115VJ D. 115JG