Court Rules Transaction Not a Slump Sale: Section 50B Capital Gain Inapplicable Due to Partial Asset Transfer Without Liabilities Assumption.
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....Capital gain u/s 50B - transferee has taken over all fixed assets, specified current assets and not taken over all the loan and liabilities - sale of the fixed and current assets is out of the purview of slump sale - AT....




TaxTMI
TaxTMI