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CAPITAL GAIN TAX ON CONVERSION OF COMPANY TO LLP, Income Tax

Issue Id: - 114554
Dated: 29-1-2019
By:- VEMULA CHANDRASEKHAR

CAPITAL GAIN TAX ON CONVERSION OF COMPANY TO LLP

Contents

Dear friends

My query is that one of My client which is a private Limited Company wanted to convert in to LLP . The value of the assets as on 31-03-2018 is ₹ 10 crores. Please advise will there be any capital gain tax

Posts / Replies

Showing Replies 1 to 1 of 1 Records

Page: 1

1 Dated: 30-1-2019
By:- CASusheel Gupta

Please refer to section 47( xiiib) of IT Act, 1961

CA Susheel Gupta

9811004443

Page: 1

Old Query - New Comments are closed.

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