transferor company मीनिंग इन हिंदी

If section 444AA does not apply, an accounting period of the transferor company ends with the day of the transfer.
Suppose a transferor company, XYZ Life Ltd, has in the past prepared periodical returns for a period encompassing the calendar year.
If section 444AA applies, an accounting period of the transferor company ends immediately before the transfer, and the transferor also has an accounting period covering the instant of the transfer ( except for the purposes of calculating the equalisation provision for tax purposes ).