Startups, Pharma Cos Face Tax Liability On New Goodwill Rules ...Middle East

New Delhi:  In what can increase tax liability on companies that have undergone mergers and acquisitions in recent years, the Central Board of Direct Taxes (CBDT) has notified new set of rules on tax treatment of goodwill where depreciation provisions have been used. The new rules that frame guidelines for computation of short-term capital gains […] The post Startups, Pharma Cos Face Tax Liability On New Goodwill Rules appeared first on Ommcom News.

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