https://www.taxtmi.com/manuals?id=5260 Specified business reorganisations allow a successor company or successor limited liability partnership to carry forward and set off the predecessor's accumulated business losses and unabsorbed depreciation, subject to applicable reorganisation conditions. Continued compliance is required; any loss or depreciation previously set off becomes deemed income of the successor in the year of breach. Transferred business losses remain available only for the balance of the original eight-tax-year carry-forward period, measured from the year in which the predecessor first computed the loss. en-us Fri, 20 Sep 2024 11:14:00 +0530 Thu, 16 Jul 2026 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=5260 Specified business reorganisations allow a successor company or successor limited liability partnership to carry forward and set off the predecessor's accumulated business losses and unabsorbed depreciation, subject to applicable reorganisation conditions. Continued compliance is required; any loss or depreciation previously set off becomes deemed income of the successor in the year of breach. Transferred business losses remain available only for the balance of the original eight-tax-year carry-forward period, measured from the year in which the predecessor first computed the loss. Manuals Income Tax Fri, 20 Sep 2024 11:14:00 +0530 https://www.taxtmi.com/manuals?id=5260