https://www.taxtmi.com/caselaws?id=264131 The Tribunal partly allowed the appeal by upholding the addition of negative net worth to the capital gain computation under Section 50B. It directed the First Appellate Authority to re-adjudicate the deduction from book profit arising from the slump sale and remanded the issue of sales tax liability back to the Assessing Officer for verification. The decision was pronounced on 31st August 2015. en-us Mon, 31 Aug 2015 00:00:00 +0530 Thu, 17 Sep 2015 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=264131 The Tribunal partly allowed the appeal by upholding the addition of negative net worth to the capital gain computation under Section 50B. It directed the First Appellate Authority to re-adjudicate the deduction from book profit arising from the slump sale and remanded the issue of sales tax liability back to the Assessing Officer for verification. The decision was pronounced on 31st August 2015. Case-Laws Income Tax Mon, 31 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=264131