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NCLT Approves Demerger: Petitioner and Hind Lamps to File Revised Tax Returns for Refunds and Credits.

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....Validity of manual revised returns filed - scheme of demerger approved - scheme of arrangement approved by NCLT required Petitioner and Hind Lamps to file revised returns of income-tax, sales tax, value added tax, turnover tax, excise duty, service tax, customs and any other returns including revised returns to claim advance tax or withholding tax refunds and credits giving effect to the demerger - AO directed to accept and process the ITR so filed - HC....