Other benefits of Amalgamation :

Apart from carrying forward unabsorbed business loss and unabsorbed depreciation, the amalgamated company shall also be entitled to carry forward and set off the following unabsorbed expenditures of the amalgamating company:

(a) Capital expenditure on Scientific Research u/s 35;

(b) Expenditure in connection with amalgamation u/s 35DD;

(c) Expenditure for obtaining licence to operate telecommunication services u/s 35ABB;

(d) Preliminary expenses u/s 35D;

(e) Deduction for expenditure on prospecting etc. for minerals u/s 35E.