Disallowance of business loss and unabsorbed depreciation of ...

Amalgamated companies can claim unabsorbed depreciation and business losses retroactively from appointed merger date once sanctioned.

July 26, 2019

Case Laws Income Tax HC

Disallowance of business loss and unabsorbed depreciation of amalgamated company - once the scheme is sanctioned, the same would relate back to the appointed date of amalgamation - benefit of unabsorbed depreciation and losses of a merging Company with those of principal company would be available from such date

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Disallowance of business loss and unabsorbed depreciation of ...

Amalgamated companies can claim unabsorbed depreciation and business losses retroactively from appointed merger date once sanctioned.

July 26, 2019

Case Laws Income Tax HC

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