Carried forward of firm loss

The firm filed its return declaring loss of RS 10 lacs for AY 2016-17 and almost business has been closed wef: 31/3/2016.Now if we merge with another existing firm or take over all the assets and liabilities at book value by the other existing firm, weather claim of loss can be set-off out of profit of the existing firm in current year. please advise with case if any.