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The document discusses a ruling by the Madras High Court regarding tax deductions under Section 10B of the Income-tax Act, 1961 for a merged entity and clarifies that the benefit is attached to the

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What is KPMG FLASH NEWS?

KPMG FLASH NEWS is a communication tool used by KPMG to provide timely updates and insights on important developments, regulatory changes, and key issues affecting clients and the business environment.

Who is required to file KPMG FLASH NEWS?

Typically, KPMG clients and stakeholders who are affected by the updates and information provided in FLASH NEWS may be required to file or acknowledge the information as it pertains to their specific circumstances.

How to fill out KPMG FLASH NEWS?

Filling out KPMG FLASH NEWS involves providing necessary information as outlined in the guidance documents provided by KPMG, ensuring compliance with applicable regulations and submitting the required details accurately.

What is the purpose of KPMG FLASH NEWS?

The purpose of KPMG FLASH NEWS is to keep clients and stakeholders informed about crucial updates, aiding in decision-making and ensuring that they are aware of changes that may impact their operations.

What information must be reported on KPMG FLASH NEWS?

KPMG FLASH NEWS must report information related to regulatory updates, industry developments, tax changes, compliance requirements, and other relevant data that impacts the client's business.

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