Taxplanning
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 June 2016
X CO AND Y CO are in merger. X co is a loss making co with b/f loss of RS 20lakh and b/f dep of rs 50lakh.
Y CO is making profit to the extent rs 30lakh p.a
if u r a tax consulatnt from tax planning what is your opinion on following case
a)The scheme of merger
b)TAX benefit arising from merger in the present case???
pls help me urgently i need this ans
Y CO is making profit to the extent rs 30lakh p.a
if u r a tax consulatnt from tax planning what is your opinion on following case
a)The scheme of merger
b)TAX benefit arising from merger in the present case???
pls help me urgently i need this ans
Amol S Joglekar
(Expert)
02 June 2016
from tax angle : the brought forward losses will be available for set off for the resultant company after merger
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
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Reward for festival
- Appointment of Auditor By Form ADT-1
- Capital gain on commercial property and investment in residential property
- ARCA LOGIN
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Import of Capital Machine
- Rectification under processing even after 6 months cpc portal
- Closer of business and itc of capital goods
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
