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Income Tax - Highlights / Catch Notes

Home Highlights February 2018 Year 2018 This

Slump sale - transfer of Planet M. division in consideration of ...


Planet M Division Transfer as Slump Exchange: Section 50B Not Applicable, No Slump Sale.

February 13, 2018

Case Laws     Income Tax     AT

Slump sale - transfer of Planet M. division in consideration of equity shares and 6% redeemable unsecured debentures - the provisions of section 50B are not applicable to this case as it is a case of slump exchange and not a slump sale - AT

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