Carry forward of accumulated losses limited to successor entity for a finite period after amalgamation or business reorganisation. Accumulated losses of a predecessor treated as the loss of the successor on amalgamation or business reorganisation are carried forward by the successor for eight assessment years immediately succeeding the assessment year in which the loss was first computed for the original predecessor entity; the rule applies to specified classes of predecessor (amalgamating company, firm or proprietary concern, private or unlisted public company) and successor (amalgamated company, successor company, successor LLP) entities.