Articles

International Tax

• Sec. 80-IA: Can the authorities consider losses lapsed in earlier tax years by virtue of Sec. 79?
• M&A Tax: Could Sec. 72A negate applicability of Sec. 41(1)?
• Demergers: Does Sec. 72A require maintenance of separate books of account for the demerged undertaking?
• Sec. 72A: What if accumulated losses pertain to a unit (of the amalgamating co.) that commenced operations less than three years before the effective date of amalgamation?
• M&A Tax: Could ‘transfer’ of an undertaking be ‘slump sale’—even if some assets are excluded from the transfer? (a landmark case)
• Sec. 72A: Can the tax authorities request the NCLT to reject a scheme for amalgamation because it would result in the loss of revenue for the exchequer?
• Principle of Estoppel: Is it relevant for inventory valuation?
• Inventory Valuation: A landmark decision of the Indian Supreme Court
• Can a parent company deduct loss of investment in its wholly owned foreign subsidiary?