Appeals of the assessee are allowed for statistical purposes in view of our detailed order (supra)
Bench: Dr. S. Seethalakshmi & Shri Gagan Goyal
transferred, before the expiry of the period of ten years specified in sub-section (1), to another Indian company in a scheme of demerger,— (i) no deduction shall be admissible under sub-section (1) in the case of the demerged company for the previous year in which the demerger takes place; and (ii) the provisions of this section shall