https://www.taxtmi.com/caselaws?id=437751 The Supreme Court upheld the High Court's decision regarding the interpretation of a scheme involving the amalgamation of companies. The High Court's determination that the date of its approval should be considered as the date of amalgamation was supported, emphasizing shareholder involvement and implementation conditions. The Court found the date specified in the scheme as "artificial and arbitrary." The validity of notices issued by the Income Tax Officer was upheld, with the Supreme Court dismissing the Revenue's Special Leave Petition for lack of contrary decisions cited. en-us Tue, 25 Apr 2023 00:00:00 +0530 Wed, 03 Jun 2026 17:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437751 The Supreme Court upheld the High Court's decision regarding the interpretation of a scheme involving the amalgamation of companies. The High Court's determination that the date of its approval should be considered as the date of amalgamation was supported, emphasizing shareholder involvement and implementation conditions. The Court found the date specified in the scheme as "artificial and arbitrary." The validity of notices issued by the Income Tax Officer was upheld, with the Supreme Court dismissing the Revenue's Special Leave Petition for lack of contrary decisions cited. Case-Laws Income Tax Tue, 25 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437751