Ch 4 · M&A + AFM + Tax Integration

🧮 Formula sheet

1. 1.Slump Sale Gain (Sec 50B) = Consideration − Net Worth (tax book value)
2. 2.Goodwill on amalgamation — NOT depreciable for tax post-FY 2020-21
3. 3.Sec 47A — withdrawal of exemption if conditions violated