Scope of Sec.141A with respect to claims of amalgamated Co.

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... visions of sec 72 A of the I.T. Act, 1961 the accumulated losses and the unabsorbed depreciation of an amalgamating co. is deemed to be the loss for the previous year in which the amalgamation was eff .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the course of its provisional assessments u/s.141 A of the act. The Board are advised that in view of the specific provisions contained in sec. 141-A (2) (iv) of the I.T.Act, the accumulated losses .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X