Wednesday, October 3, 2018

CBDT Notifies Tax Relief to Off-Market Acquisitions [Read Notification]

The Central Board of Direct Taxes ( CBDT ) has notified the list of specified transactions of acquisition of equity shares where requirement of payment of STT to levy long-term capital gain tax under section 112A of the Income Tax Act, 1961 is not compulsory. The Finance Act, 2018 has withdrawn the exemption under clause […]

The post CBDT Notifies Tax Relief to Off-Market Acquisitions [Read Notification] appeared first on Taxscan | Simplifying Tax Laws.



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