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Income Tax - Highlights / Catch Notes

Home Highlights September 2018 Year 2018 This

Capital gain tax liability - transfer - scope of 47(xiii)(b) - ...


Capital Gains Tax: Shares Must Be Allotted Before End of Previous Year in Business Succession u/s 47(xiii)(b).

September 18, 2018

Case Laws     Income Tax     HC

Capital gain tax liability - transfer - scope of 47(xiii)(b) - the allotment of shares of the company which succeeds to the business of the partnership firm has to be complied before the end of relevant previous year in which such succession of business takes place.

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