Neerav Merchant, Partner at Majmudar & Partners, shares his views with India Media Monitor – Business Standard along with other industry experts on a one-time loan recast policy and its consequences.
Read the article here.
No GST on slump sale transactions in India
In an important ruling in the Piramal Enterprises Limited’s case under the erstwhile VAT statute, the Bombay High Court (BHC) has reiterated that a business transfer as a going concern is to be treated as a slump sale, and the assets of the business cannot be...