Transfer of Shares by Assessee to its wholly-owned Subsidiary can’t be considered as a Gift and just a Circular Transaction to avoid Tax: Madras High Court [Read Judgment] on Friday, December 11, 2020 in Taxscan | Simplifying Tax Laws with No comments via Taxscan | Simplifying Tax Laws https://ift.tt/3gGCuVz Share: Email ThisBlogThis!Share to XShare to Facebook Related Posts:Govt. notifies appointment of members of CBIC [Read Notification]Relief to NLC: Simpliciter Interest received for delay in payment can’t be considered as Income generated from Business Operations, eligible for Deduction, says ITATBombay High Court directs Designated Committee to consider declaration afresh as valid declaration under SVLDR Scheme, grant consequential relief [Read Judgment]Interest on Loan not Taxable in absence of mechanism for bifurcation of Service prior to March 2006: Bombay High Court [Read Order]ICAI’s Disciplinary Committee removes name of 5 CAs for Professional Misconduct [Read Notifications]
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