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Losses under the head capital gains won’t be set-off and carry forward in case of amalgamation and demerger
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Corporate Tax
Losses under the head capital gains won’t be set-off and carry forward in case of amalgamation and demerger
Posted on
on
March 21, 2015
Tenet Tax Daily March 19 2015
By
tenettax-team
Corporate Tax
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Exp. on maintenance of I-T system during restructuring of Co. was an allowable revenue exp.
Sec. 143(1) intimation won’t be deemed as completion of assessment to bar filing of revised return, rules HC
