https://www.taxtmi.com/caselaws?id=327283 The Tribunal upheld the AO's decision that the transfer of the BOPP Films undertaking constituted a slump sale, resulting in the taxation of capital gains. The issue of computing deduction under Section 80HHC was remanded to the AO for reconsideration based on previous directions. The appeal regarding corporate dividend tax was dismissed as it was not pursued by the assessee. The Tribunal partially allowed the appeal with the order pronounced on 29/04/2016. en-us Fri, 29 Apr 2016 00:00:00 +0530 Wed, 04 May 2016 19:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327283 The Tribunal upheld the AO's decision that the transfer of the BOPP Films undertaking constituted a slump sale, resulting in the taxation of capital gains. The issue of computing deduction under Section 80HHC was remanded to the AO for reconsideration based on previous directions. The appeal regarding corporate dividend tax was dismissed as it was not pursued by the assessee. The Tribunal partially allowed the appeal with the order pronounced on 29/04/2016. Case-Laws Income Tax Fri, 29 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327283