TMI BlogTransfer of trading assets at cost price, the profit component also stood transferred to the outgoing...Transfer of trading assets at cost price, the profit component also stood transferred to the outgoing Directors, which otherwise belonged to the Company - the fact that AO has made the addition in the hands of the Directors would not make any difference - additions confirmed - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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