https://www.taxtmi.com/news?id=19573 The amendment excludes transfers between a wholly owned subsidiary and its holding company from the scope of the income inclusion provision, so that transfers recognised as tax neutral under existing transfer provisions but previously not excluded from income treatment will now be excluded, thereby facilitating transactions of money or property between related companies and applying prospectively to transactions made on or after the effective date. en-us Mon, 05 Feb 2018 15:24:53 +0530 Mon, 05 Feb 2018 15:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19573 The amendment excludes transfers between a wholly owned subsidiary and its holding company from the scope of the income inclusion provision, so that transfers recognised as tax neutral under existing transfer provisions but previously not excluded from income treatment will now be excluded, thereby facilitating transactions of money or property between related companies and applying prospectively to transactions made on or after the effective date. News - Mon, 05 Feb 2018 15:24:53 +0530 https://www.taxtmi.com/news?id=19573