Unregistered profit-sharing agreements cannot justify occupation of corporate debtor premises during CIRP; repossession by the Resolution Professional...
CIT(A) erred in allowing assessee's appeal without considering facts properly. Provisions of section 50B regarding computation of capital gains on slump sale applicable. Order of CIT(A) reversed, Revenue's grounds allowed. ITAT's decision favored Revenue's stance on applicability of section 50B.
CIT(A) erred in allowing assessee's appeal without considering facts properly. Provisions of section 50B regarding computation of capital gains on slump sale applicable. Order of CIT(A) reversed, Revenue's grounds allowed. ITAT's decision favored Revenue's stance on applicability of section 50B.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4817 
Join Channel 
