#TaxmannWebinar | Treatment of Losses in Corporate Restructuring under Income Tax Act

#TaxmannWebinar #TaxmannUpdates #CorporateRestructuring #IncomeTaxAct #Amalgamation #Demergers 📋 Coverage of the Webinar: ✔️ Understanding carry forward losses and unabsorbed depreciation ✔️ Types of restructuring ✔️ Effect of shareholding changes on the carry forward of losses ✔️ Tax implications of amalgamation on loss carry forward ✔️ Utilisation of tax losses in cases of demergers ✔️ Scheme of arrangements vis-à- vis GAAR ✔️ Impact of entity conversions on carried forward losses ✔️ Key judicial interpretations and recent case laws ✔️ Compliance requirements and necessary documentation ✔️ Q&A Session ___________________________________________________________________________________________ 📢 Speaker: • Rohan Sogani – Chartered Accountant CA. Rohan is a commerce graduate and a fellow member of the ICAI, with over twelve years of experience in Direct Tax – Litigation and Advisory. He regularly appears before different ITAT benches and has many reported cases to his credit. He has authored many articles reported by various journals and websites of national repute. He has been a regular speaker at conferences and seminars organised by the ICAI and other Tax associations. ___________________________________________________________________________________________ Bonus: • Link for the PPT: https://taxmann.social/8ac7J • Get a 7-days free trial for Taxmann.com | Research: https://www.taxmann.com/research • Introducing Taxmann.com | Practice Your virtual legal advisor that helps you understand complex legal concepts and enables you to give instant & best-in-class advice to your clients. This platform delivers complete, updated, accurate, and authentic content in a simple language that is easy to understand. Start your search on any concept of the Law using keywords or section no.: https://www.taxmann.com/practice • All Taxmann Books now come with a 15-Mins Free Trial! Get Started Now! http://taxmann.com/virtualbooks/library ___________________________________________________________________________________________ Like our Content? Follow Us for More! • Follow us on LinkedIn:   / taxmann   • Follow us on Twitter:   / taxmannindia   • Follow us on WhatsApp Channel: https://whatsapp.com/channel/0029VaCe... • Subscribe us on Telegram Channel: https://t.me/taxmannprofessionals • Follow us on Google News: https://news.google.com/publications/... • Follow us on Instagram:   / taxmannindia   • Follow us on Threads: https://www.threads.net/@taxmannindia • Like us on Facebook:   / taxmannindia   • Introducing the TAXMANN's PODCAST! | Your Hands-free Weekly Update on Everything Tax & Corporate Laws | Listen Now! https://thetaxmannpodcast.buzzsprout.com ___________________________________________________________________________________________ 00:00 Introduction 06:01 Types of Restructuring 09:27 Tax losses in asset sales/slump sale transactions 13:17 Change in shareholding 19:47 Registered vs beneficial ownership 21:36 Section 79 – other aspects for consideration 27:10 Accumulated Tax losses in mergers/demergers (Section 72A) 30:15 Section 72A – Amalgamating company to be an “industrial undertaking” or other specified undertaking 34:24 Section 72A vs Section 79 – Interplay 37:41 Lapse of losses under head “Capital Gains” of amalgamated company 38:59 Compliance of other conditions under Section 72A 43:42 Demerging Business Requirements 45:34 Carry Forward and set off losses in Demerger 47:44 Scheme of arrangements vis-à- vis GAAR 51:35 Capital losses arising on account of business restructuring [GAAR] 52:57 Losses on reconstitution or conversion of firm to company and vice-versa 01:00:30 Q&A Session ___________________________________________________________________________________________