Liability in case of amalgamation or merger of companies.

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.... amalgamation or merger of companies.-(1) When two or more companies are amalgamated or merged in pursuance of an order of court or of Tribunal or otherwise and the order is to take effect from a date....

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....iable to pay tax accordingly. (2) Notwithstanding anything contained in the said order, for the purposes of this Ordinance, the said two or more companies shall be treated as distinct companies for t....