Category: IBC

Taxation of Loan Waivers after amendment to Section 28(iv)

6 February, 2024 admin

Tax Implications on Loan Waivers after amendment to Section 28(iv) Under resolution plan approved by NCLT, would generally involve waiver of loans and other liabilities of corporate debtor, which is subject to IBC Proceedings Tax implications on

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Tax Implication on Capital Reduction under IBC

6 February, 2024 admin

Tax Implication on Capital Reduction under IBC Capital reduction refers to the technique of reducing a company’s share capital in any form. It is a mechanism usually adopted by companies for re-modelling their capital structure,

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