https://www.taxtmi.com/manuals?id=5204 Definition of Liabilities for the specified clause treats as liabilities: obligations from the undertaking's activities; loans, borrowings and debentures raised and used solely for those activities; and, for general or multipurpose borrowings, the portion attributable to the undertaking measured by the ratio of transferred asset value to the demerged company's total asset value immediately before the demerger. en-us Wed, 18 Sep 2024 11:27:00 +0530 Tue, 05 Nov 2024 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=5204 Definition of Liabilities for the specified clause treats as liabilities: obligations from the undertaking's activities; loans, borrowings and debentures raised and used solely for those activities; and, for general or multipurpose borrowings, the portion attributable to the undertaking measured by the ratio of transferred asset value to the demerged company's total asset value immediately before the demerger. Manuals Income Tax Wed, 18 Sep 2024 11:27:00 +0530 https://www.taxtmi.com/manuals?id=5204