Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2022 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2022 (3) TMI 40 - HC - Income TaxCarry forward losses under Section 72A - scheme under this Act an amalgamation of a sick industrial company with another company - HELD THAT:- Issue decided in favour of assessee as relying on own case [2020 (2) TMI 96 - MADRAS HIGH COURT] as held that the claim of the assessee is liable to be allowed in the light of the provisions of section 32(2) of the SICA and its interpretation by the Supreme Court [2021 (11) TMI 1026 - SC ORDER] is thus, the correct one. - Decided in favour of assessee.
|