HomeNewsBusinessBudget amendment limiting carry forward of losses can make distressed deals less attractive, say experts
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Budget amendment limiting carry forward of losses can make distressed deals less attractive, say experts

Recoveries under Insolvency and Bankruptcy Code stand at 31-32 percent of the admitted claims

Swaraj Singh Dhanjal
February 06, 2025 / 16:44 IST
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Experts also pointed out that the amendment will make the Indian tax laws less flexible on this front compared to developed markets such as US and UK as they do not  totally disallow loss carry-forwards due to substantial ownership cha
Experts also pointed out that the amendment will make the Indian tax laws less flexible on this front compared to developed markets such as US and UK as they do not  totally disallow loss carry-forwards due to substantial ownership cha
Swaraj Singh Dhanjal
first published: Feb 6, 2025 03:22 pm

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