Demerger of Investment Business undertaking of a Wholly owned subsidiary into its parent entity permissible?
Any arrangement for demerger of a business undertaking, prerequisites the condition of ‘an undertaking’ i.e. the
Property Received on account of family settlement, not liable to tax?
In India, the concept of joint family has been prevalent since many decades. Once the families
Surplus resulting from assignment of loan on present value basis, taxable?
Assignment of loan is common practice and is adopted with an intension of reducing communication cycle