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:Telephone & E-mails can’t replace personal hearing: Bombay High Court remands matter to Original GST Authority for a fresh decision [Read Order]Income Tax Department conducts searches in KolkataInterest Free Loan could not be treated as a Financial Debt without evidence that the amount was disbursed for time Value of Money: NCLAT [Read Order]Peak Credit Theory to be considered before treating the Cash Deposit as Unexplained Cash Credits: ITAT remits matter back to AO [Read Order]Deductions u/s. 10A, 10AA applicable on Profits of Business and not on Income from Other Sources: ITAT [Read Order]
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