GAAR can’t be invoked to deny sanction of amalgamation; Tax Dept. may invoke it during assessment: NCLT

INCOME TAX /COMPANY LAW : NLCT rejects ITD’s plea to deny sanction to amalgamation by invoking GAAR, as amalgamation was for purpose of business consolidationINCOME TAX /COMPANY LAW : NLCT rejects ITD’s plea to deny sanction to amalgamation by invoking GAAR, as amalgamation was for purpose of business consolidationwww.taxmann.com Latest Case LawsRead More

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