Lok Sabha passes Bill to settle retrospective taxation - Taxation Laws (Amendment) Bill, 2021

Last updated: 07 August 2021

The Lok Sabha today i.e. 6th August 2021, passed the Taxation Laws (Amendment) Bill, 2021 which provides that no tax demand will be raised in the future on the basis of the retrospective amendment for any indirect transfer of Indian assets if the transaction was undertaken before 28th May 2012 i.e.

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Category Income Tax   Report

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