M&A under tax scanner, beware of GAAR, says expert

The Income Tax Act, 1961 (the ITA) is proposed to be retrospectively amended to tax transfer of shares of an overseas company, if the value of shares is “substantially” derived from capital assets situated in India. What's more? Find out from the expert!

March 21, 2012 / 20:39 IST

By Hemal Uchat, Executive Director, PwC India

The Finance Minister did not shoot the

first published: Mar 21, 2012 07:46 pm

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