https://www.taxtmi.com/acts?id=50471 Amendment limits carry forward of accumulated losses deemed to be of the successor entity where an amalgamation scheme is brought into force on or after 1 April 2025. Losses of the original predecessor entity, including specified banking or Government companies, shall be carried forward by the successor entity for not more than eight assessment years immediately succeeding the assessment year for which such loss was first computed for the original predecessor entity. "Original predecessor entity" is defined as the predecessor entity in respect of the first amalgamation. en-us Tue, 01 Apr 2025 12:57:01 +0530 Tue, 01 Apr 2025 12:57:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50471 Amendment limits carry forward of accumulated losses deemed to be of the successor entity where an amalgamation scheme is brought into force on or after 1 April 2025. Losses of the original predecessor entity, including specified banking or Government companies, shall be carried forward by the successor entity for not more than eight assessment years immediately succeeding the assessment year for which such loss was first computed for the original predecessor entity. "Original predecessor entity" is defined as the predecessor entity in respect of the first amalgamation. Act-Rules F. Acts / Amendment Acts Tue, 01 Apr 2025 12:57:01 +0530 https://www.taxtmi.com/acts?id=50471