https://www.taxtmi.com/highlights?id=48372 Slump sale - assessee claimed as sale of depreciable assets - as per terms of agreement, the assessee sold the entire undertaking with all its assets and liabilities together with all licences, permits, approvals, registration, contracts, employees and other contingent liabilities also for a slump price, this kind of sale falls u/s 50B as slump sale - taxable as capital gain (Not as PGBP) en-us Sat, 03 Aug 2019 09:04:35 +0530 Sat, 03 Aug 2019 10:35:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48372 Slump sale - assessee claimed as sale of depreciable assets - as per terms of agreement, the assessee sold the entire undertaking with all its assets and liabilities together with all licences, permits, approvals, registration, contracts, employees and other contingent liabilities also for a slump price, this kind of sale falls u/s 50B as slump sale - taxable as capital gain (Not as PGBP) Highlights Income Tax Sat, 03 Aug 2019 09:04:35 +0530 https://www.taxtmi.com/highlights?id=48372