Business Sold as Going Concern Qualifies as Slump Sale u/s 2(42C); Taxable as Capital Gain per Section 50B.

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....The entire personal scale business had been sold as a going concern for a lump sum amount, it was a case of a slump sale as defined in section 2(42C) and the profit arising from such slump sale is chargeable to tax as capital gain under the provisions of section 50B - AT....