A gift by a corporation to another corporation is a strange ...

Corporation gifting assets to another raises tax avoidance concerns; potential evasion under relevant Act scrutinized.

August 17, 2012

Case Laws Income Tax AAR

A gift by a corporation to another corporation is a strange transaction. To postulate that a corporation can give away its assets free to another even orally can only be aiding dubious attempts at avoidance of tax payable under the Act. - AAR

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A gift by a corporation to another corporation is a strange ...

Corporation gifting assets to another raises tax avoidance concerns; potential evasion under relevant Act scrutinized.

August 17, 2012

Case Laws Income Tax AAR

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