https://www.taxtmi.com/caselaws?id=311771 The Tribunal allowed the assessee's appeal for statistical purposes, remanding the case to the AO to verify and allow credit for TDS and Advance Tax paid by the amalgamating company to the amalgamated company, M/s CES Pvt. Ltd., in accordance with the law. This decision underscores the necessity for accurate credit allocation for taxes in amalgamation scenarios, emphasizing thorough verification by the AO to ensure compliance with legal provisions. en-us Thu, 21 Nov 2019 00:00:00 +0530 Fri, 12 Jan 2024 08:42:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311771 The Tribunal allowed the assessee's appeal for statistical purposes, remanding the case to the AO to verify and allow credit for TDS and Advance Tax paid by the amalgamating company to the amalgamated company, M/s CES Pvt. Ltd., in accordance with the law. This decision underscores the necessity for accurate credit allocation for taxes in amalgamation scenarios, emphasizing thorough verification by the AO to ensure compliance with legal provisions. Case-Laws Income Tax Thu, 21 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311771