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I.T.A. NO. 5057/LB OF 2004, DECIDED ON 12TH FEBRUARY, 2007. versus I.T.A. NO. 5057/LB OF 2004, DECIDED ON 12TH FEBRUARY, 2007.

Sections 34, 34A, 35, 36, 37, 38, 12 (18) and 62 Income Tax Ordinance (XLIX of 2001), Section 2 (1A) Companies Ordinance (XLVII of 1984), Sections 284 to 288, 297 And under Sections 34 and 35 of the 305 set-off income tax, it was claimed that the merged companies were terminated which resulted in the merger companies not being dissolved and legally in existence. The ordinance, which did not qualify for 1979, was intended to encourage merger and merger and to give maximum tax benefits to the company involved in other companies and was approved by the High Court, which gave continuity. Had a legal effect. The work of the merged company, which was a part of the Assisi company, and the acquisition of the asbestos company with all the assets and liabilities of the merger companies, if any of the non-surviving companies had a small tax liability, Was entitled to accommodate the damages which were presented under the High Court order under which the scheme of arrangements was approved. The Assisi Company was entrusted with all the rights and obligations of the merged companies, including the right to indemnify such rights, including all merger tax authorities approved by the High Courts, including all The Assessing Company was entitled to claim this diagnostic loss. By the orders of the following officers the merger companies with the Assisi Company were vacated by the Appellate Tribunal and the Taxation Officer was instructed to allow the claim. \ R \ n \ r \ n immigration advocates from Tando Allahyar lawyer