Amalgamation of companies


This query is : Resolved 

25 June 2010 Respected All,

A private limited Company(A) is amalgamating with another private limited company(B).Both the companies are engaged in similar businesses. Will the brought forward losses of the amalgamating company be allowed to the amalgamated company u/s. 72A.

regards
Jyoti

25 June 2010 Please answer



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