Login
Bombay Chamber of Commerce and Industry, IMC Chamber of Commerce and Industry, jointly with Bombay Chartered Accountants Society, is organizing a Half-day Hybrid seminar on “Business Restructuring”.
In light of the pandemic and changes in economic scenarios across the globe, the businesses have been changing the manner in which they operate. In addition there have been restructuring happening including mergers, demergers and acquisitions of the entities.
However, businesses face a lot of difficulties and uncertainties in relation to restructuring because time and again there have been changes in the Income Tax Act. Like revamping of the taxation regime on reconstitution of partnership, not allowing depreciation on goodwill etc., and similarly the divergent judicial precedents like in the case of Celerity, Gabs, Ozone etc. which add to the uncertainties in relation to business restructuring. To add fuel to the fire you have Sections like 56(2)(x) and GAAR which create further difficulties.
This hybrid seminar will be in a Panel Discussion format where these topics will be discussed in detail by the Experts. It will be useful for Tax Managers, Tax Heads, CFOs, Tax Consultants, Tax Practitioners and others keen to keep abreast with the rapid changes in Business Restructuring.
In view of the importance of the topic and its overall impact on taxpayers, we hope you would surely like to attend this seminar and get more clarifications on tax issues relating to business restructuring.
