https://www.taxtmi.com/manuals?id=1188 Eligible amalgamations may transfer the amalgamating company's accumulated losses and unabsorbed depreciation to the amalgamated company, subject to continuity of business, retention of prescribed fixed assets, and fulfilment of business-revival conditions. An acquired industrial undertaking must attain and maintain the prescribed production level and furnish the required accountant-certified certificate with the relevant return. Strategic-disinvestment cases are subject to a cap based on losses and depreciation existing when public-sector status ceased. Non-compliance makes prior set-off or depreciation benefit taxable in the year of default, and transferred losses remain available only for the unexpired original carry-forward period. en-us Tue, 15 Sep 2015 15:35:00 +0530 Thu, 16 Jul 2026 12:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=1188 Eligible amalgamations may transfer the amalgamating company's accumulated losses and unabsorbed depreciation to the amalgamated company, subject to continuity of business, retention of prescribed fixed assets, and fulfilment of business-revival conditions. An acquired industrial undertaking must attain and maintain the prescribed production level and furnish the required accountant-certified certificate with the relevant return. Strategic-disinvestment cases are subject to a cap based on losses and depreciation existing when public-sector status ceased. Non-compliance makes prior set-off or depreciation benefit taxable in the year of default, and transferred losses remain available only for the unexpired original carry-forward period. Manuals Income Tax Tue, 15 Sep 2015 15:35:00 +0530 https://www.taxtmi.com/manuals?id=1188