Income Tax Return for Merged Company

How to proceed with filling of Income Tax Return if two companies are merged.

Does the Merged Company have to still file standalone return or it has to be done through the parent company.

It will appreciated if the answer is backed by qouting applicable law.

Thank you
Replies (3)
Quick Summary
This discussion addresses the process for filing income tax returns when two companies have merged. It clarifies whether the merged entity needs to file a standalone return or if it should be handled by the parent company. The advice suggests filing as per the respective companies while preparing consolidated financial statements, with a request for supporting legal citations.

It should be filed as per respective companies but one consolidated financial statements of accounts should be prepared
Thank you for the reply.

Can you please back the same with applicable sections , notification or circular of Income tax act.

Will be highly appreciated.

thankyou
You can access it in Income tax portal

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