https://www.taxtmi.com/acts?id=36779 Amendment to clause (19AA)(iii) of section 2 excludes the book-value recording requirement for demergers where the resulting company records transferred property and liabilities at values differing from the demerged company's books, provided those values comply with the Indian Accounting Standards specified in the Annexure to the Companies (Indian Accounting Standards) Rules, 2015; effective from 1 April 2020. en-us Fri, 05 Jul 2019 15:26:08 +0530 Fri, 05 Jul 2019 15:26:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=36779 Amendment to clause (19AA)(iii) of section 2 excludes the book-value recording requirement for demergers where the resulting company records transferred property and liabilities at values differing from the demerged company's books, provided those values comply with the Indian Accounting Standards specified in the Annexure to the Companies (Indian Accounting Standards) Rules, 2015; effective from 1 April 2020. Act-Rules Bill Fri, 05 Jul 2019 15:26:08 +0530 https://www.taxtmi.com/acts?id=36779