SUBHASHI YADAORAO CHIMURKAR,NAGPUR vs. INCOME TAX OFFICER, WARD-5(3), NAGPUR
Appeal is allowed in above terms
ITA 168/NAG/2023[2018-19]Status: DisposedITAT Nagpur24 Apr 2024AY 2018-19
Bench: Shri Satbeer Singh Godara & Shri Dr. Dipak P. Ripote
For Appellant: For Revenue : Shri Abhay Y Marathe, Sr.DRFor Respondent: Shri Abhay Y Marathe, Sr.DR
Section 10Section 143(3)
5)
A transfer scheme under this section may-
(a) provide for the formation of subsidiaries, joint venture companies or other schemes of division, amalgamation, merger, reconstruction or arrangements which shall promote the profitability and viability of the resulting entity, ensure economic efficiency, encourage competition and protect consumer interests;
(b) define the property, interest in property, rights and liabilities
