Carry-forward of transferred losses remains limited to the original eight-year period after amalgamation or business reorganisation.

Accumulated losses transferred through an amalgamation or business reorganisation effected on or after 1 April 2025 may be carried forward by the successor only for the unexpired part of the original eight-year period. The period runs from the tax or assessment year in which the loss was first computed for the original predecessor entity. The successor does not obtain a fresh eight-year carry-forward period merely because the loss is deemed to be its loss.

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