Hotel Business Slump Sale Deemed Taxable u/s 50B of Income Tax Act.

Nature of sale of Hotel premises - the intention of the parties was to sell the hotel business as a going concern and the same is nothing but a slump sale - Liable to the taxed u/s 50B of the I.T.Act .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X