Sec 35DD: Amalgamation/Demerger expenses will be allowed to resulting company

FCS Deepak Pratap Singh , Last updated: 17 February 2022  
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Dear Friends, In a significant relief for corporates undertaking restructuring exercise, theDelhi High Courtin case ofCoforge Limited(formerly known asNIIT Technologies Ltd) vs. ACIT: ITA Nos.213- 214/2020 decided on05.07.2021, while reversing the decision of the Tribunal, held that demerger expe

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Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Income Tax   Report

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