No Dividend Distribution Tax to be paid on Dividend declared pursuant to amalgamation of companies

Torrent Private Limited Vs. CIT (Gujarat High Court); Special Civil Application No. 5857 of 2004; Dated: 15.01.2013; A.Y. 2000-01 No Dividend Distribution Tax to be paid on Dividend declared pursuant to amalgamation of companies. Brief details about the case: Torrent Private Limited was formerly known as Torrent Investment Private Limited. In this case, Torrent Group of companies including Torrent Limited, Torrent Power Limited, Torrent Finance Limited, Torrent Leasing and Finance Limited, Torrent Drugs and Chemicals Private Limited, Torrent Veterinary Products Limited, Torrent Holdings Limite...