Section 47(xiv) - Conversion of a Sole Proprietary Concern into a Company

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..... ) - Conversion of a Sole Proprietary Concern into a Company Section Transaction not regarded as transfer Transferor u/s 2(47) Transferee u/s 2(47) Capital asset involved u/s 2(14) What is th .....

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..... ing to the business immediately before the succession become the assets and liabilities of the company * The shareholding of the sole proprietor in the company is not less than fifty per cent of t .....

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