https://www.taxtmi.com/caselaws?id=290215 The Tribunal sanctioned the Scheme of Amalgamation, noting compliance with all procedural requirements and approvals from shareholders, creditors, and regulatory bodies. The Income Tax Department's objections regarding tax evasion were dismissed, with the Tribunal emphasizing the absence of conclusive evidence. The order specified that it does not absolve the parties from stamp duty, taxes, or charges, providing protection to the Income Tax Department for any liabilities arising from the transactions. en-us Mon, 12 Nov 2018 00:00:00 +0530 Tue, 15 Sep 2020 10:43:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290215 The Tribunal sanctioned the Scheme of Amalgamation, noting compliance with all procedural requirements and approvals from shareholders, creditors, and regulatory bodies. The Income Tax Department's objections regarding tax evasion were dismissed, with the Tribunal emphasizing the absence of conclusive evidence. The order specified that it does not absolve the parties from stamp duty, taxes, or charges, providing protection to the Income Tax Department for any liabilities arising from the transactions. Case-Laws Companies Law Mon, 12 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290215