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22 December 2013 what is the tax effect in the hands of the transferor if he transfered stock in trade which is other than immovable property for inadequate consideration?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 December 2013 purpose of transfer and other issues like amount,nature of asset etc not mentioned.
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CA Jitesh Shah

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CA Jitesh Shah (Expert)
23 December 2013 No tax effects. U can sell your movable stock-in-trade even at free of cost. No one will ask you anything.




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