Some person has various buisneses, he wants to gift one of his buisness to his son, can he do so if yes what is the procedure, formalities he need to follow and what will be the tax implications? Thanks in advance
07 October 2013
Thanks a ton, just wanted to check for tax implications income tax, sales tax,whether it will be succession, what will be needing for sales tax etc.
CAclubindia
