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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Creditworthiness of amalgamating companies - it is not open to ...


Revenue Authorities Can't Challenge Creditworthiness Post-Amalgamation Approval by Calcutta High Court; No Probe on Amalgamation Reserve Allowed.

July 28, 2014

Case Laws     Income Tax     AT

Creditworthiness of amalgamating companies - it is not open to the revenue to go into the amalgamation reserve as per amalgamation scheme approved by Hon’ble Calcutta High Court - AT

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