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    <title>Provisions relating to carry forward &amp; set off of accumulated losses in case of any Amalgamation or Business Reorganisation After 01.04.2025 - (New) Section 116(12) / (Old)Section 72A(6B)</title>
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    <description>Accumulated losses transferred through an amalgamation or business reorganisation effected on or after 1 April 2025 may be carried forward by the successor only for the unexpired part of the original eight-year period. The period runs from the tax or assessment year in which the loss was first computed for the original predecessor entity. The successor does not obtain a fresh eight-year carry-forward period merely because the loss is deemed to be its loss.</description>
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      <description>Accumulated losses transferred through an amalgamation or business reorganisation effected on or after 1 April 2025 may be carried forward by the successor only for the unexpired part of the original eight-year period. The period runs from the tax or assessment year in which the loss was first computed for the original predecessor entity. The successor does not obtain a fresh eight-year carry-forward period merely because the loss is deemed to be its loss.</description>
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