Piercing the corporate veil - Application of section 2(22)(e) ...

Income Tax Act Sections 2(22)(e) and 56(2)(vi) applied to equity share transfer without company asset involvement. No corporate veil piercing.

October 29, 2014

Case Laws Income Tax AT

Piercing the corporate veil - Application of section 2(22)(e) and 56(2)(vi) - only the equity shares of M/s. SKM Egg Products Export (India) Ltd., were transferred and not any assets held by the company were transferred, therefore the issue of piercing the corporate veil of this company will not arise - AT

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Piercing the corporate veil - Application of section 2(22)(e) ...

Income Tax Act Sections 2(22)(e) and 56(2)(vi) applied to equity share transfer without company asset involvement. No corporate veil piercing.

October 29, 2014

Case Laws Income Tax AT

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