https://www.taxtmi.com/acts?id=15921 Amendments clarify that property includes any rights in or in relation to an Indian company and that transfer includes disposing of or creating any interest in an asset in any manner whatsoever, both with retrospective effect; the Commissioner definition is expanded to include the Director of Income-tax retrospectively; and the demerger rule is amended to exclude the share-issue requirement where the resulting company is itself a shareholder of the demerged company, with effect for specified assessment years. en-us Fri, 16 Mar 2012 13:53:16 +0530 Fri, 16 Mar 2012 17:30:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15921 Amendments clarify that property includes any rights in or in relation to an Indian company and that transfer includes disposing of or creating any interest in an asset in any manner whatsoever, both with retrospective effect; the Commissioner definition is expanded to include the Director of Income-tax retrospectively; and the demerger rule is amended to exclude the share-issue requirement where the resulting company is itself a shareholder of the demerged company, with effect for specified assessment years. Act-Rules Bills Fri, 16 Mar 2012 13:53:16 +0530 https://www.taxtmi.com/acts?id=15921