May 2014
Intervention application opposing amalgamation – Direct Tax Circular No. 279-Misc.-M-171- 2013-ITJ dated 11th April 2014 –
By Pinky Shah, Sonalee Godbole, Chartered Accountants
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CBDT has directed the Commissioners to send comments/ objections of the Income tax department to the scheme of amalgamation, if the same is found to be prejudicial to the interest of the revenue. The comments/objections be sent to Regional Director, MCA for incorporating them in its response to the Court.