CBDT Issues Clarification Regarding Carry Forward of Losses in Case of Change in Shareholding Due to Strategic Disinvestment

MAGAZINES / By / September 10, 2021

CBDT issues clarification regarding carry forward of losses in case of change in shareholding due to strategic disinvestment. Section 79 of the Income-tax Act, 1961 not to apply in a case involving change in shareholding due to such strategic disinvestment.

CBDT Issues Clarification Regarding Carry Forward of Losses in Case of Change in Shareholding Due to Strategic Disinvestment

CBDT issues clarification regarding carry forward of losses in case of change in shareholding due to strategic disinvestment. Section 79 of the Income-tax Act, 1961 not to apply in a case involving change in shareholding due to such strategic disinvestment.

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