Central Government specifies that where the split up or the reconstructed authority or body, constituted or established under a Central, State or Provincial Act u/s 2(19AA)

Central Government specifies that where the split up or the reconstructed authority or body, constituted or established under a Central, State or Provincial Act u/s 2(19AA) https://www.taxtmi.com/notifications?id=14081 A split up or reconstructed authority or body constituted under a Central, State or Provincial Act and engaged in generation, transmission or distribution of electrical power shall be deemed a demerger if (i) the split up or reconstruction is effected by notification in the Official Gazette by the Central or State Government, and (ii) assets are transferred to one or more resulting companies on a going concern basis. en-us Tue, 26 Dec 2000 00:00:00 +0530 Wed, 03 Jul 2019 15:07:00 +0530 TaxTMI RSS Generator Central Government specifies that where the split up or the reconstructed authority or body, constituted or established under a Central, State or Provincial Act u/s 2(19AA) https://www.taxtmi.com/notifications?id=14081 A split up or reconstructed authority or body constituted under a Central, State or Provincial Act and engaged in generation, transmission or distribution of electrical power shall be deemed a demerger if (i) the split up or reconstruction is effected by notification in the Official Gazette by the Central or State Government, and (ii) assets are transferred to one or more resulting companies on a going concern basis. Notifications Income Tax Tue, 26 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/notifications?id=14081