Aggregation of losses in the case of certain companies.

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..... rom the special source with the income of the financial year unless it satisfies the test of continuity of ownership. (2) The closely held company shall satisfy the test of continuity of ownership referred to in sub-section (1), if the shares of the company beneficially held by persons, carrying not less than fifty-one per cent. of the voting power on the last day of the financial year i .....

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