January 27, 2023

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

by Taxcharcha0170
PM inaugurates 'Vanijya Bhawan' and launches NIRYAT portal
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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

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