Taxcharcha
Income TaxLatest

CBDT issues clarification regarding carry forward of losses in case of change in shareholding due to strategic disinvestment

PM inaugurates 'Vanijya Bhawan' and launches NIRYAT portal

Central Board of Direct Taxes (CBDT) has issued the clarification regarding carry forward of losses in case of changes in shareholding due to strategic disinvestment. It has been clarified that Section 79 of the Income tax act 1961 shall not apply in a case involving change in shareholding due to such strategic disinvestment.

To view and download the press release, click here

Related posts

MCA : Companies (Significant Beneficial Owners) second amendment rules, 2019

Team Taxcharcha

CBDT notifies additional conditions for exemption of income under section 10 clause 4D

Team Taxcharcha

View Public Documents(VPD) services would be restricted from 28.12.2018 to 31.12.2018 between 8:00 hours to 20:00 hours – MCA

Team Taxcharcha