Amendment of section 72A

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....tion (1), the following sub- section shall be substituted with effect from the 1st day of April, 2008, namely:— "(1) Where there has been an amalgamation of— (a) a company owning an industrial ....

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....ained in any other provision of this Act, the accumulated loss and the unabsorbed depreciation of the amalgamating company shall be deemed to be the loss or, as the case may be, allowance for unabsorb....