Insolvency and Bankruptcy Code

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

CA Adityavikram Banka February 6, 2024

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 … Read More

Case Law Corporate Law IBC Income Tax

Tax Implication on Capital Reduction under IBC

CA Adityavikram Banka February 6, 2024

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 … Read More

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Tag: Insolvency and Bankruptcy Code

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

Tax Implication on Capital Reduction under IBC

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