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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Nature of sale of Hotel premises - the intention of the parties ...


Hotel Business Slump Sale Deemed Taxable u/s 50B of Income Tax Act.

August 17, 2018

Case Laws     Income Tax     AT

Nature of sale of Hotel premises - the intention of the parties was to sell the hotel business as a going concern and the same is nothing but a slump sale - Liable to the taxed u/s 50B of the I.T.Act

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