Single format · FV02-I8

Loss carry-forward continuity working

The tax holiday almost no client can claim, and the loss carry-forward rule that a funding round will quietly destroy if nobody runs the test before the term sheet is signed.

Length
2 pages
Blanks to fill
70
Files
Word and PDF
Law stated to
12 September 2026

What it covers

  1. 1Loss carry-forward continuity workings.119 · to be completed before every round70 blanks

Read the opening

The first part of the format, as it downloads. Blanks are highlighted.

Working paper — to be completed and signed off before the term sheet is signed, and refreshed at each closing

LOSS CARRY-FORWARD CONTINUITY WORKING UNDER SECTION 119 OF THE INCOME-TAX ACT, 2025

Company: [ABC Private Limited] CIN: [Company's CIN] PAN: [Company's PAN]
Date of incorporation: [Date of incorporation] Proposed transaction: [Series ____ round / secondary sale / buy-back] Expected closing: [Expected closing date]

15 more paragraphs and tables follow in the full format.

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