04 April 2015
Please advise if any loss accumulated by a transferor co. before amalgamation, the same can be allowed to be set off against income of a transferee co. after amalgamation.
04 April 2015
For details please refer the link - https://www.caclubindia.com/articles/taxation-aspect-of-mergers-and-amalgamation-9630.asp#.VR-bntyUeuk