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Demystifying Section 68 to 69C of the Income tax Act, 1961
is calculation of PC under both methods i.e merger n purchase same or different.....
(reserves role in calculation of PC)
no both PC are different
Under merger reserves and surplus including statutory reserves are also included
but in case of amalgmation in nature of purchase reserves and surplus are not included
there are soe other changes also
thank u
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