Filing of itr in case of amalgamation - urgent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
25 November 2011
Two Companies got amalgamated and.the Court's order was received in August 2011 with amalgamation taking effect from April 2010. How to claim Depreciation and Loss under income tax act of the amalgamating co. in ITR form. Any Specific Requirement before claimimg the same ! Please Guide.
26 November 2011
The total depreciation for the whole year will be computed as per the normal provisions.
Thereafter, the depreciation will be distributed between the amalgamating company and the amalgamated company in proportion to the number of days for which each of them has used the asset.
Thereafter, the depreciation will be distributed between the amalgamating company and the amalgamated company in proportion to the number of days for which each of them has used the asset.
Message likes :
1 times
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 November 2011
Dear Sir,
Any specific filing/procedures to be followed to claim the loss?
Any specific filing/procedures to be followed to claim the loss?
26 November 2011
Normal return needs to be filed.
Message likes :
1 times
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
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- ADVANCE PAYMENT OF ADVOCATE
- UNWANTED CREDIT BALANCE OF GST AS PER BOOKS
- REGARDING ANNUAL RETURNS FILLINGS OF A COMPANY INCORPORATED ON 28.03.2025
- DIN reactivation
- CREDIT NOTES WITHOUT GST
- Eway bill generation from place other than registeted
- GST rate and HSN code for sale of racing horses
- Goods sold but invoice not issued
- 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
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
