https://www.taxtmi.com/highlights?id=56033 Stock Transfer - merger and amalgamation done under Section 391 and 394 of the Indian Companies Act - In the present case the predecessor Company/transferor Company have been succeeded by the Revisionist/ transferee Company who had taken over its business along with assets, liabilities, profits and losses etc. The stock transferred as a result of amalgamation was not a sale requiring issuance of certificate by M/s. Ritesh Vyaapar Ltd. in favour of the Revisionist as per the Exemption Notification of 2016. - HC en-us Fri, 25 Dec 2020 09:42:57 +0530 Fri, 25 Dec 2020 09:42:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56033 Stock Transfer - merger and amalgamation done under Section 391 and 394 of the Indian Companies Act - In the present case the predecessor Company/transferor Company have been succeeded by the Revisionist/ transferee Company who had taken over its business along with assets, liabilities, profits and losses etc. The stock transferred as a result of amalgamation was not a sale requiring issuance of certificate by M/s. Ritesh Vyaapar Ltd. in favour of the Revisionist as per the Exemption Notification of 2016. - HC Highlights VAT and Sales Tax Fri, 25 Dec 2020 09:42:57 +0530 https://www.taxtmi.com/highlights?id=56033