Demerger inclusion: resulting company now covered under section 41's Explanation 2, effective from April 2000. The amendment inserts a new clause in Explanation 2 of section 41 to expressly include the resulting company where there has been a demerger, thereby bringing resulting companies within the scope of the Explanation's operative terms and expanding the entities covered by section 41.
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Demerger inclusion: resulting company now covered under section 41's Explanation 2, effective from April 2000.
The amendment inserts a new clause in Explanation 2 of section 41 to expressly include the resulting company where there has been a demerger, thereby bringing resulting companies within the scope of the Explanation's operative terms and expanding the entities covered by section 41.
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