Under section 2(19AA), for a demerger scheme to be Tax neutral, the consideration has to be in 'Shares'. So does it include Preference shares also? Is there a case law for the same??
Meaning of 'shares' in the definition of 'demeger' 2(19aa)
Siddharth (Thinker) (267 Points)
16 February 2018
CAclubindia
