Amalgamation

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Full Text of the Document

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....s far as may be, apply to the amalgamated company if it is a qualifying company: Provided that where the amalgamated company is not a tonnage tax company, it shall exercise an option for tonnage tax scheme under sub-section (1) of section 115VP within three months from the date of the approval of the scheme of amalgamation: Provided further that where the amalgamating companies are tonnage tax c....