Entitlement to carry forward and set-off of business loss - the ...
Business Loss Carry Forward Unaffected as ABL Retains 51% Control, Section 79 Not Applicable.
November 1, 2015
Case Laws Income Tax HC
Entitlement to carry forward and set-off of business loss - the control over the Company, with 51% voting power, remained with ABL and, as such the provisions of Section 79 would not be attracted - HC
View Source