INCOME TAX : Where scheme of amalgamation dated 1-4-2016 entered into by assessee with a company was approved by Tribunal on 20-4-2017, assessee company was liable to pay advance tax for period between 1-4-2016 to 20-4-2017 as income declared for said period was current income of assessee in its individual capacity and not as an amalgamated companyINCOME TAX : Where scheme of amalgamation dated 1-4-2016 entered into by assessee with a company was approved by Tribunal on 20-4-2017, assessee company was liable to pay advance tax for period between 1-4-2016 to 20-4-2017 as income declared for said period was current income of assessee in its individual capacity and not as an amalgamated companywww.taxmann.com Latest Case LawsRead More
