Company Can Carry Forward Losses and Depreciation from Demerged Entity u/s 72A(4), Section 2(19AA) Met.

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....Set off/ adjustment and carry forward of accumulated losses and unabsorbed depreciation of the demerged company - In the instant case, all the conditions stated in section 72A(4) read with section 2(19AA) of the Act has been fulfilled. In view of the same, assessee company is eligible to claim the set off of brought forward losses transferred from the demerged company....