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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Conversion of a firm in Part-IX Company - resultant company is ...

Case Laws     Income Tax

December 3, 2014

Conversion of a firm in Part-IX Company - resultant company is further merged with another company - violation of proviso to sec. 47 (xiii) r.w.s 47A(3) - The capital gain shall be assessed in the hands of successor company in the previous year in which violation had taken place - AT

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