The benefit of carry forward and set off of losses under section 79 of the Income Tax Act, 1961 by a closely held Indian Company which is a subsidiary of a foreign company as a result of amalgamation or demerger is subje

The benefit of carry forward and set off of losses under section 79 of the Income Tax Act, 1961 by a closely held Indian Company which is a subsidiary of a foreign company as a result of amalgamation or demerger is subject to the condition that __________ percentage of shareholders of the amalgamating foreign company continue to be shareholders of the amalgamated foreign company.