Companies Bills provisions affecting M&AJune 28 2012
By Lalit Kumar
JSA Partner, Lalit Kumar discusses some of the proposed amendments to the Companies Bill.
Last month the investors’ community was relieved, at least for a year, when the General Anti Avoidance Rule (GAAR) was deferred for a year although at the same time the whip of the retrospective amendments made to the income tax laws was hard to bear. Whether it was a good or a bad move in the income tax laws is a matter of debate but at least there cannot be any compliant about stagnancy in that . . .
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