Tribunal's Ruling on Amalgamated Company's Liability for Amalgamating Company's Unfulfilled Profit Distribution Challenged.

Tribunal's Ruling on Amalgamated Company's Liability for Amalgamating Company's Unfulfilled Profit Distribution Challenged. https://www.taxtmi.com/highlights?id=29697 Amalagamtion - Liability of the amalgamating and amalgamated company - Tribunal was not right in holding that the proceedings against the amalgamated company could not be initiated on account of the failure of the amalgamating company to distribute the statutory percentage of the accumulated profits - HC en-us Sat, 11 Jun 2016 11:56:39 +0530 Sat, 11 Jun 2016 11:56:39 +0530 TaxTMI RSS Generator Tribunal's Ruling on Amalgamated Company's Liability for Amalgamating Company's Unfulfilled Profit Distribution Challenged. https://www.taxtmi.com/highlights?id=29697 Amalagamtion - Liability of the amalgamating and amalgamated company - Tribunal was not right in holding that the proceedings against the amalgamated company could not be initiated on account of the failure of the amalgamating company to distribute the statutory percentage of the accumulated profits - HC Highlights Income Tax Sat, 11 Jun 2016 11:56:39 +0530 https://www.taxtmi.com/highlights?id=29697