Conditions for carrying forward or set-off of accumulated loss and unabsorbed depreciation allowance in case of amalgamation

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....following:- (a) the amalgamated company, owning an industrial undertaking of the amalgamating company by way of amalgamation, shall- (i) achieve the level of production of at least 50% of the installed capacity of the said undertaking before the end of four years from the date of amalgamation; and (ii) continue to maintain the said minimum level of production till the en....