Whether sale consideration of a going concern be taxed as ...
Can Sale of Going Concern Be Taxed as Capital Gains Pre-Section 50B Amendment? Slump Sale Clarified.
January 31, 2014
Case Laws Income Tax HC
Whether sale consideration of a going concern be taxed as capital gains prior to the amendment introducing section 50B - Slump sale - Merely because the assessee has given split up figures and received the consideration from the purchaser, it would not take the goods out of slump sale - HC
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