Special provisions in regard to taxation of companies under Assessment of Companies :

(1) Amalgamation : The definition of the term amalgamation is contained in section 2(1A) and the other provisions in respect of amalgamation are contained in sections 32, 35, 35ABB, 35D, 35DD, 35E, 47, 49, 55, and 72A.

(2) Demerger : The definition of ‘demerger‘ is contained in section 2(19AA) and the related provisions are contained in sections 32, 35ABB, 35D, 35E, 47, 49, 55, and 72A.