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Case Law Details

Case Name : Re. Goodyear Tire and Rubber Company (AAR)
Related Assessment Year :
Courts : Advance Rulings
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Recently, the Authority for Advance Ruling (AAR) in the case Goodyear Tire and Rubber Company [2011] 11 taxmann.com 43 (AAR) and Goodyear Orient Company (Private) Limited, relying upon the principle laid down in Dana Corporation [2010] 186 Taxman 187 (AAR) and Amiantit International Holding Ltd [2010] 189 Taxman 149 (AAR)., held that capital gains provisions are not attracted in case of transfer of shares without consideration.

Further, the AAR held that the Please become a Premium member. If you are already a Premium member, login here to access the full content.

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