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Assessment upon business reorganisation.

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Full Text of the Document

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..... (1) The assessment of the predecessor and the successor in a business reorganisation shall, in respect of the financial year in which the business reorganisation is undertaken, be made in the m....

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Full Text of the Document

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.... and ending on the last day of the financial year.    (4) Any proceeding under this Code taken against the predecessor shall be deemed to have been taken against the successor and may be ....