Sir i remember reading this line that companies in a capital gains group cannot form their separate group, but i do not understand its implications.
would you mind explaining with an example?
thank you
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capital gains group
does that mean that if a parent company has 3holdings (more than 75%) in 3 different companies then they cannot set off their losses against each other only accept and surrender from and to respectively from parent?
am talking about chargeable gains and capital losses
this question is very important for my understanding...please can somebody respond
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