Long term Capital Gain adjustment with co. Losses
This query is : Resolved
28 March 2009
Dear Sir / Madam
Our company has a plot of land on the name of self from 1947 and it is running from last few years in loss. Now Board of directors decided to sell out that plot to clear the liability on the name of company.
can the liability be cleared by that.
plz clear it
santosh
Our company has a plot of land on the name of self from 1947 and it is running from last few years in loss. Now Board of directors decided to sell out that plot to clear the liability on the name of company.
can the liability be cleared by that.
plz clear it
santosh
Manmohan ACA, CS
(Expert)
28 March 2009
sure , what is problem take approval from BOD
Message likes :
1 times
Rajesh Kumar
(Expert)
28 March 2009
Off course yes.
Message likes :
1 times
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