PRINCIPAL COMMISSIONER OF INCOME TAX (CENTRAL) 2 vs. M/S MAHAGUN REALTORS (P) LTD
The appeal is allowed, in the above terms, without order on costs
C.A. No.-002716-002716 - 2022Supreme Court05 Apr 2022
Bench: HON'BLE THE CHIEF JUSTICE
Section 143(2)Section 153ASection 276C
72A; 72AB,
etc.
20
the transferee was in existence, vis-à-vis the transfer to the transferee company);
carry forward of loss, depreciation, all bear out that under the Act, (a) the
business-including the rights, assets and liabilities of the transferor company do
not cease, but continue as that of the transferor company; (b) by deeming fiction-
through several
