Ministry of Corporate Affairs issues fresh notifications wherein, the Central Government intends to provide clarity on the applicability of the threshold exemption limits to all forms of combinations; Clarity on the methodology to be adopted for calculating the relevant assets and turnover of the target when only a portion or segment or business of one enterprise is being combined with another https://www.taxtmi.com/news?id=17739 The Central Government clarified that threshold exemptions apply to all forms of combinations under Section 5, and that where only a portion, segment or business is combined, relevant assets and turnover must be calculated by reference to the attributable portion of the target rather than the transferor's total assets and turnover, so combinations within the thresholds need not be filed with the Competition Commission. en-us Thu, 30 Mar 2017 18:49:44 +0530 Thu, 30 Mar 2017 18:49:44 +0530 TaxTMI RSS Generator Ministry of Corporate Affairs issues fresh notifications wherein, the Central Government intends to provide clarity on the applicability of the threshold exemption limits to all forms of combinations; Clarity on the methodology to be adopted for calculating the relevant assets and turnover of the target when only a portion or segment or business of one enterprise is being combined with another https://www.taxtmi.com/news?id=17739 The Central Government clarified that threshold exemptions apply to all forms of combinations under Section 5, and that where only a portion, segment or business is combined, relevant assets and turnover must be calculated by reference to the attributable portion of the target rather than the transferor's total assets and turnover, so combinations within the thresholds need not be filed with the Competition Commission. News - Thu, 30 Mar 2017 18:49:44 +0530 https://www.taxtmi.com/news?id=17739