Friday, December 18, 2020

Companies that undertook mergers are now stuck with tax credit issue

Tax credits on the amount paid to revenue authorities when the process is on are getting stuck as the tax department undertakes a detailed scrutiny in merger cases which take long to conclude.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/companies-that-undertook-mergers-are-now-stuck-with-tax-credit-issue/articleshow/79809388.cms

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