Amendment of section 72A.

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..... r the 1st April, 2025, any loss forming part of the accumulated loss of the predecessor entity under sub-section (1), (6) or (6A), being-- (a) the amalgamating company; or (b) the firm or proprietary concern; or (c) the private company or unlisted public company, as the case may be, which is deemed to be the loss of the successor entity, being-- (i) the amalgamated company; or (ii) the .....

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..... , etc. Section 72A of the Act states that accumulated loss and unabsorbed depreciation of the amalgamating companies or firm or proprietary concern or private company or unlisted private company, as the case maybe, shall be deemed to be accumulated loss and unabsorbed depreciation of the amalgamated company or successor company or successor limited liability partnership, as the case may be, for t .....

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..... eight assessment years immediately succeeding the assessment year for which such loss was first computed for original predecessor entity. It is further proposed to state that "original predecessor entity" means predecessor entity in respect of the first amalgamation under sub-section (1) or first business reorganisation for sub-section (6) or (6A). This amendment will take effect from 1st April, .....

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