{"id":435588,"date":"2021-09-13T11:12:42","date_gmt":"2021-09-13T05:42:42","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=435588"},"modified":"2021-09-13T12:20:12","modified_gmt":"2021-09-13T06:50:12","slug":"govt-notifies-capital-asset-transfer-from-air-india-to-aiahl-exempts-tax-provisions-for-divestment","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-notifies-capital-asset-transfer-from-air-india-to-aiahl-exempts-tax-provisions-for-divestment\/","title":{"rendered":"Govt notifies capital asset transfer from Air India to AIAHL, exempts tax provisions for divestment"},"content":{"rendered":"<p>The government has notified the transfer of capital assets from Air India to Air India Asset Holding Ltd (AIAHL), as part of the government\u2019s plan. It also exempted the national carrier from tax collected at source provisions under the income tax laws on sale of goods, including shares, to the special purpose vehicle. <\/p>\n<p>In four separate notifications, the Central Board of Direct Taxes (CBDT) specified that AIAHL will not be considered as \u2018buyer\u2019 in case of transfer of goods by Air India as part of the plan, and that Air India will not be considered as \u2018seller\u2019 during transfer of goods by it to AIAHL.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has notified the transfer of capital assets from Air India to Air India Asset Holding Ltd (AIAHL), as part of the government\u2019s plan. It also exempted the national carrier from tax collected at source provisions under the income tax laws on sale of goods, including shares, to the special purpose vehicle. In four separate notifications, the Central Board of Direct Taxes (CBDT) specified that AIAHL will not be considered as \u2018buyer\u2019 in case of transfer of goods by Air India as part of the plan, and that Air India will not be considered as \u2018seller\u2019 during transfer of [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[192,130,136],"tags":[],"class_list":["post-435588","post","type-post","status-publish","format-standard","hentry","category-civil-aviation-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435588","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=435588"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/435588\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=435588"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=435588"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=435588"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}