Amalgamation
This query is : Resolved
13 September 2007
Two private limited companies intending to be amalgamated w.e.f. 01-04-2007 (x and Y). i.e. y shall be amalgamated into x and now x shall continue for life. They are supposed to file their papers before High Court next week. Now, Advance tax needs to be paid in which company now,i.e. x shall pay for x and y or x and y shall pay independently
13 September 2007
As per my opinion, If amalgamation process is not completed, Advance tax payment have to be made by Two companies as there is no new compny came into existence still.
Let's invite others views.
Let's invite others views.
13 September 2007
Hello Dhiren,
The Amalgamation Process is not still compelte as the company is going to file the papers next week. The Existing state of the entity is two different companies x and y.
advance Tax is to be paid individually by x and y and not the company which is still to come up
The Amalgamation Process is not still compelte as the company is going to file the papers next week. The Existing state of the entity is two different companies x and y.
advance Tax is to be paid individually by x and y and not the company which is still to come up
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Nursery business
- GST input credit on commercial property
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Import Order Cancelled.
- Section 269ST applicability for capital introduced by partner to his partnership firm
- TDS- 2026-27 Q1 Correction
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
