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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Piercing the corporate veil - Application of section 2(22)(e) ...

Income Tax

October 29, 2014

Piercing the corporate veil - Application of section 2(22)(e) and 56(2)(vi) - only the equity shares of M/s. SKM Egg Products Export (India) Ltd., were transferred and not any assets held by the company were transferred, therefore the issue of piercing the corporate veil of this company will not arise - AT

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