March 23, 2026

Submitted By: Shweta Verma

Certificate regarding achievement and maintenance of prescribed level of production in case of amalgamation

Form 29 is a certificate prescribed under Rule 60 of the Income Tax Rules, 2026, to be furnished by the amalgamated company for certifying that it has achieved and continued to maintain the prescribed level of production of the industrial undertaking(s) acquired through amalgamation. The form is required for availing the benefit of carry forward and set-off of accumulated loss and unabsorbed depreciation under Section 116(4)(b)(iii) of the Income Tax Act, 2025.