Section 32AB Deduction Upheld: Amalgamated Company Retains Assets, Ensures Continued Eligibility for Tax Relief.

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....Deduction granted u/s 32AB - appellant was amalgamated with its parent company - the assets in respect of which relief was allowed u/s 32AB are still held by the amalgamating company even after amalgamation and gets fused by one company - deduction rightly allowed....