Amendment of Section 43
X X X X Extracts X X X X
X X X X Extracts X X X X
....Income-tax Act, - (i) in clause (1), after Explanation 6, the following Explanation shall be inserted, namely :- "Explanation 7 : Where, in a scheme of amalgamation, any capital asse....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tion 2, the following Explanation shall be inserted, namely :- "Explanation 2A : Where, in a scheme of amalgamation, any capital asset is transferred by the amalgamating company to the amalga....
TaxTMI