https://www.taxtmi.com/article/detailed?id=16124 A slump sale is a transfer of an undertaking as a whole for lump sum consideration without separate valuation of individual assets and liabilities, with capital gains governed by section 50B. A transfer described as a "going concern" does not automatically qualify as a slump sale, because the controlling test is the substance of the transaction-what is transferred, how it is transferred, and what is retained. In succession settings, section 170 may treat the transferee as a successor for tax purposes. en-us Thu, 02 Apr 2026 08:51:19 +0530 Thu, 02 Apr 2026 08:51:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16124 A slump sale is a transfer of an undertaking as a whole for lump sum consideration without separate valuation of individual assets and liabilities, with capital gains governed by section 50B. A transfer described as a "going concern" does not automatically qualify as a slump sale, because the controlling test is the substance of the transaction-what is transferred, how it is transferred, and what is retained. In succession settings, section 170 may treat the transferee as a successor for tax purposes. Articles Corporate Laws / IBC / SEBI Thu, 02 Apr 2026 08:51:19 +0530 https://www.taxtmi.com/article/detailed?id=16124