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![Reduction in Share Capital of Subsidiary Amounts to Asset Transfer u/s 2(47), Income Tax Act: Supreme Court [Read Judgement]](https://www.taxscan.in/wp-content/uploads/2025/01/Supreme-Court-Supreme-Court-of-India-Reduction-in-Share-Capital-Subsidiary-amounts-Income-Tax-Act-taxscan.jpg "Reduction in Share Capital of Subsidiary Amounts to Asset Transfer u/s 2(47), Income Tax Act: Supreme Court [Read Judgement]")
Reduction in Share Capital of Subsidiary Amounts to Asset Transfer u/s 2(47), Income Tax Act: Supreme Court [Read Judgement]
The Supreme Court of India, in a recent judgment, has held that the reduction in share capital of a subsidiary company and the resultant proportional...
![CBIC Introduces Automated Out of Charge Process for AEO T2 and T3 Clients [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/01/CBIC-CBIC-automated-out-of-charge-process-AEO-T2-AEO-T3-AEO-Customs-TAXSCAN.jpg "CBIC Introduces Automated Out of Charge Process for AEO T2 and T3 Clients [Read Circular]")
