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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

If the brought forward losses and unabsorbed depreciation are ...


Transferred Company Losses and Depreciation to Be Carried Forward by Resultant Company u/s 72A(4)(a) of IT Act.

June 21, 2018

Case Laws     Income Tax     HC

If the brought forward losses and unabsorbed depreciation are directly relatable to the Transferred Company, the same has to be carried forward in the hands of the Resultant Company as per section 72A(4)(a).

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