Succession of the proprietorship business in to a corporate ...

Case Laws Income Tax

April 9, 2012

Succession of the proprietorship business in to a corporate entity - conditions prescribed in section 47 (xiv) - in the present case, it cannot be held that he has received consideration or benefit indirectly other than by way of allotment of shares, only because higher number of shares have been allotted due to revaluation - AT

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Succession of the proprietorship business in to a corporate ...

Case Laws Income Tax

April 9, 2012

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