https://www.taxtmi.com/caselaws?id=58827 The Tribunal ruled in favor of the assessee, finding that the amended provisions of section 104 did not apply to the amalgamated company for the assessment year in question. The Tribunal emphasized adherence to established legal precedents and held that the liability under section 104, arising from a statute, extended to the amalgamated company regardless of the timing of amalgamation. Consequently, the appeal was allowed based on the non-applicability of the amended provisions of section 104 and the liability of the amalgamated company post-amalgamation. en-us Tue, 03 May 1983 00:00:00 +0530 Wed, 22 Dec 2010 13:31:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58827 The Tribunal ruled in favor of the assessee, finding that the amended provisions of section 104 did not apply to the amalgamated company for the assessment year in question. The Tribunal emphasized adherence to established legal precedents and held that the liability under section 104, arising from a statute, extended to the amalgamated company regardless of the timing of amalgamation. Consequently, the appeal was allowed based on the non-applicability of the amended provisions of section 104 and the liability of the amalgamated company post-amalgamation. Case-Laws Income Tax Tue, 03 May 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58827