https://www.taxtmi.com/acts?id=40522 Section 170 is amended to insert sub-section (2A) deeming any assessment, reassessment or other proceedings made on a predecessor during a business reorganisation to have been made on the successor, and to provide that the provisions of the Act shall, so far as may be, apply to the successor; an Explanation defines "business reorganisation" (amalgamation, de merger or merger) and "pendency" (period from filing or admission of reorganisation or insolvency proceedings until the order is received by the Principal Commissioner or Commissioner). en-us Tue, 01 Feb 2022 15:57:00 +0530 Fri, 04 Feb 2022 18:25:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=40522 Section 170 is amended to insert sub-section (2A) deeming any assessment, reassessment or other proceedings made on a predecessor during a business reorganisation to have been made on the successor, and to provide that the provisions of the Act shall, so far as may be, apply to the successor; an Explanation defines "business reorganisation" (amalgamation, de merger or merger) and "pendency" (period from filing or admission of reorganisation or insolvency proceedings until the order is received by the Principal Commissioner or Commissioner). Act-Rules Bills Tue, 01 Feb 2022 15:57:00 +0530 https://www.taxtmi.com/acts?id=40522