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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

Disallowance of business loss and unabsorbed depreciation of ...

Case Laws     Income Tax

July 26, 2019

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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