https://www.taxtmi.com/acts?id=45962 Where an amalgamating company transfers an asset representing capital expenditure on scientific research to the amalgamated company, the amalgamating company is not allowed the deduction under clause (ii) or clause (iii) of sub-section (2), and the provisions of the section shall, so far as may be, apply to the amalgamated company as they would have applied to the amalgamating company if the latter had not transferred the asset. en-us Mon, 09 Dec 2024 21:31:28 +0530 Mon, 09 Dec 2024 21:31:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=45962 Where an amalgamating company transfers an asset representing capital expenditure on scientific research to the amalgamated company, the amalgamating company is not allowed the deduction under clause (ii) or clause (iii) of sub-section (2), and the provisions of the section shall, so far as may be, apply to the amalgamated company as they would have applied to the amalgamating company if the latter had not transferred the asset. Act-Rules F. Acts / Amendment Acts Mon, 09 Dec 2024 21:31:28 +0530 https://www.taxtmi.com/acts?id=45962