Capital gain - sale of proprietary concern - conditions of ...

Proprietary Sale Deemed Transfer u/s 47(xiv) of Income Tax Act; Surplus Exempt from Tax.

January 19, 2012

Case Laws Income Tax AT

Capital gain - sale of proprietary concern - conditions of section 47(xiv) fulfilled - transaction has to be treated as a transfer within the meaning of section 47(xiv) and the surplus over the net worth is held to be exempt from income tax.... - AT

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Capital gain - sale of proprietary concern - conditions of ...

Proprietary Sale Deemed Transfer u/s 47(xiv) of Income Tax Act; Surplus Exempt from Tax.

January 19, 2012

Case Laws Income Tax AT

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