https://www.taxtmi.com/acts?id=50816 Amendment inserts a limitation into the profit computation on liquidation where liquidation follows a compulsory acquisition by the Government or a government-owned/controlled corporation, deeming that any profits prior to three successive previous years immediately preceding the previous year of acquisition are excluded from the profits of the company for the purposes of the relevant explanation. en-us Wed, 16 Apr 2025 11:47:43 +0530 Wed, 16 Apr 2025 11:47:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=50816 Amendment inserts a limitation into the profit computation on liquidation where liquidation follows a compulsory acquisition by the Government or a government-owned/controlled corporation, deeming that any profits prior to three successive previous years immediately preceding the previous year of acquisition are excluded from the profits of the company for the purposes of the relevant explanation. Act-Rules F. Acts / Amendment Acts Wed, 16 Apr 2025 11:47:43 +0530 https://www.taxtmi.com/acts?id=50816