https://www.taxtmi.com/acts?id=11276 Amendment extends the instalment deduction regime for expenditure on voluntary retirement schemes to a successor limited liability partnership on reorganisation of a private or unlisted public company into an LLP, treating the LLP as if reorganisation had not occurred; it also disallows the predecessor company from claiming the deduction in the year of conversion to ensure the tax benefit follows the successor. These changes apply from 1 April, 2011 for the assessment year 2011-2012 onwards. en-us Fri, 26 Feb 2010 19:32:29 +0530 Fri, 26 Feb 2010 19:32:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11276 Amendment extends the instalment deduction regime for expenditure on voluntary retirement schemes to a successor limited liability partnership on reorganisation of a private or unlisted public company into an LLP, treating the LLP as if reorganisation had not occurred; it also disallows the predecessor company from claiming the deduction in the year of conversion to ensure the tax benefit follows the successor. These changes apply from 1 April, 2011 for the assessment year 2011-2012 onwards. Act-Rules Bills Fri, 26 Feb 2010 19:32:29 +0530 https://www.taxtmi.com/acts?id=11276