Economy, asked by guptachandni1978, 18 days ago

if x ltd amalgamates with y ltd then the accumulated business losses and unabsorbed depreciation of x ltd

Answers

Answered by pradhanneha931

Explanation:

Business loss of an amalgamating company shall be allowed to be carried forward and set off in the hands of the amalgamated company for fresh eight years if certain conditions mentioned in section 72A are satisfied.

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