Set-off and carry forward of accumulated losses and unabsorbed depreciation in case of amalgamation and demerger

In recent times, the number of groups undergoing business restructuring has increased significantly. This has resulted in an increase in income-tax litigation. One of the pertinent issues faced by these groups is related to carry forward and set-off of losses in case of change in shareholding due to amalgamation or demerger.

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Tally - Auto Entry Utility

Hi guys, For those making year end entries in tally and those having huge volume of entries carrying some frequencies (daily/weekly/month...