https://www.taxtmi.com/acts?id=31774 An Explanation is added to the dividend definition to increase the amalgamated company's accumulated profits or losses by the accumulated profits of the amalgamating company on amalgamation. The definition of income is expanded to include fair market value of certain inventory and specified compensation, and the holding period for an asset converted from inventory is to be reckoned from the date of conversion or treatment. en-us Thu, 01 Feb 2018 17:02:25 +0530 Fri, 02 Feb 2018 11:07:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31774 An Explanation is added to the dividend definition to increase the amalgamated company's accumulated profits or losses by the accumulated profits of the amalgamating company on amalgamation. The definition of income is expanded to include fair market value of certain inventory and specified compensation, and the holding period for an asset converted from inventory is to be reckoned from the date of conversion or treatment. Act-Rules Bills Thu, 01 Feb 2018 17:02:25 +0530 https://www.taxtmi.com/acts?id=31774