Disallowance of Claim of Write Off made in individual Entity’s Financials Prior to Amalgamation cannot be added as Income in hands of Assessee: ITAT [Read Order]

Entries in  books of  account of Individual Entity Prior to Amalgamation cannot be part of additions made u/s 153A of IT Act in hands of assessee: ITAT deletes Addition [Read Order]

Allotment of Shares in Scheme of Amalgamation is not Construed as Transfer u/s 47(vii) of Income Tax Act: Delhi HC [Read Order]

Amalgamating Entity Ceases to Exist upon Approved Scheme of Amalgamation: Gujarat HC quashes Assessment Notice issued against Non-Existent Company [Read Order]

Goodwill acquired on Amalgamation is Eligible for Depreciation u/s  32 of Income Tax Act: ITAT deletes Disallowance [Read Order]

Transaction Between 2 Companies Cannot come u/s 269SS on Amalgamation: ITAT Deletes Penalty u/s 271E [Read Order]