https://www.taxtmi.com/manuals?id=4946 The document defines accumulated loss for income tax purposes in amalgamation and demerger contexts: it is the portion of loss under "Profits and gains of business or profession" (excluding speculation business losses) that the amalgamating, corresponding new, Government, or demerged co operative bank would have been entitled to carry forward and set off under section 72 as if the business reorganisation had not occurred. en-us Wed, 11 Sep 2024 10:40:00 +0530 Thu, 30 Jan 2025 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4946 The document defines accumulated loss for income tax purposes in amalgamation and demerger contexts: it is the portion of loss under "Profits and gains of business or profession" (excluding speculation business losses) that the amalgamating, corresponding new, Government, or demerged co operative bank would have been entitled to carry forward and set off under section 72 as if the business reorganisation had not occurred. Manuals Income Tax Wed, 11 Sep 2024 10:40:00 +0530 https://www.taxtmi.com/manuals?id=4946