Business reorganisation orders require successors to file modified returns and prompt modification or completion of affected assessments. An amended provision requires successors in a business reorganisation to furnish a modified return within six months of the order, limited to the scope of that order, and directs the Assessing Officer to modify or complete assessments or reassessments for affected years in accordance with the reorganisation order and the modified return, with all other tax provisions applying to such assessments.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Business reorganisation orders require successors to file modified returns and prompt modification or completion of affected assessments.
An amended provision requires successors in a business reorganisation to furnish a modified return within six months of the order, limited to the scope of that order, and directs the Assessing Officer to modify or complete assessments or reassessments for affected years in accordance with the reorganisation order and the modified return, with all other tax provisions applying to such assessments.
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