Demerged company definition clarifies that transfer of an undertaking to a resulting company constitutes a demerged company under income tax rules. A Demerged Company is the company whose undertaking is transferred, pursuant to a demerger, to a resulting company; the definition identifies the ... Summary
Demerged company definition clarifies that transfer of an undertaking to a resulting company constitutes a demerged company under income tax rules.
A Demerged Company is the company whose undertaking is transferred, pursuant to a demerger, to a resulting company; the definition identifies the transferor entity in demerger transactions for income tax purposes.
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