formation of company
This query is : Resolved
shaikh irshad
(Querist)
10 June 2008
a proprietory firm is converted into a private limited company and all the assets were transferred to the company at the book value. will it be considered as transfer for the purpose of capital gains?
AMIT DOSHI
(Expert)
12 June 2008
no subject to fulfilment of certains conditions laid down in sec 47..
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