The Structural Duality Of Indian Demergers: Balancing Corporate Flexibility With Tax Neutrality
Corporate restructuring through demergers has emerged as a significant mechanism through which companies reorganize internal business structures, enhance operational efficiency, and unlock shareholder value. In principle, such restructuring should occur without triggering adverse tax consequences where there is no substantive change in ownership or economic control. The Indian tax framework governing demergers seeks to achieve this objective through the principle of tax neutrality embedded withi