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Newsletter/Booklets 7th Jul 2021

Tax Newsletter: June 2021

Authors

Jitendra Motwani Partner | Mumbai
Vivek Baj Partner | Pune
Rahul Charkha Partner | Pune
Chirag Shetty Partner | Mumbai

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The taxpayer, a resident company had invested in two overseas subsidiaries in Netherlands and Brazil to further its business. These subsidiaries had accumulated losses which ultimately wiped off their respective net worth.

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