due date of filling of return.

[jitendra soni]

please tell me the Tax filling date U/S 139 in case of merger.what's happend in case of company filling merger petition to high court, but final order is pending.either both company filled merged return of not filling the return due to merger proceeding. what is the excact treatment please tell me , It,s very urgent.

[CA Rachit Agarwal]

In my opinion individual return to be filed until the company receive the approval of scheme of amalgmation and order and further compliance of RoC.

In my opinion Individual return to be filed.

[CA Rachit Agarwal]

Amalgamation becomes effective from the date of meeting in which it is agreed and not from the court sanction is given-Badarganj Loan Office Ltd Vs Shaharuddin Shah. However the amalgamation is subject to Court Approval.

AI Summary

Merger return filing requires continuation of tax returns until scheme approval and Registrar compliance despite agreement date. Continue filing tax returns in a pending merger until the Scheme of Amalgamation receives final approval and Registrar compliance is completed; an amalgamation may be regarded as effective from the meeting where agreed, but remains subject to Court Approval.