The unutilized ITC in the electronic ITC Ledger will be allowed to a new entity on business as a whole transfer, merger, demerger, amalgamation and on lease if the transfer deed provides for:

Transfer of all the Assets of the Existing Business Concern

Transfer of all the Liabilities of the Existing Business Concern

Transfer of both Assets and Liabilities of the existing business concern including credit on Electronic Cash Ledger

The unutilized ITC in the electronic ITC Ledger will be allowed to a n

1.	The unutilized ITC in the electronic ITC Ledger will be allowed to a new entity on business as a whole transfer, merger, demerger, amalgamation and on lease if the transfer deed provides for:
A.	Transfer of all the Assets of the Existing Business Concern
B.	Transfer of all the Liabilities of the Existing Business Concern
C.	Transfer of both Assets and Liabilities of the existing business concern including credit on Electronic Cash Ledger
D.	Any of the Above
Answer» D. Any of the Above