Successor in business reorganisation defined as all resulting companies regardless of prior existence for tax purposes. The term successor for income tax purposes covers all resulting companies in a business reorganisation, whether or not the company was in existence prior to such reorganisation, thereby identifying corporate entities treated as successors for successor related tax treatment.
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.
Successor in business reorganisation defined as all resulting companies regardless of prior existence for tax purposes.
The term successor for income tax purposes covers all resulting companies in a business reorganisation, whether or not the company was in existence prior to such reorganisation, thereby identifying corporate entities treated as successors for successor related tax treatment.
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