Section 43ca on co operatvie society
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 June 2013
is Section 43ca applicable on Co-Operatvie Society ?
28 June 2013
It covers all the types of assessees.
.
Main point to be kept in mind is whether the asset being transferred is a capital asset of the assessee or it is other than capital asset.
.
The section is applicable where the asset transferred is other than a capital asset
.
.
Main point to be kept in mind is whether the asset being transferred is a capital asset of the assessee or it is other than capital asset.
.
The section is applicable where the asset transferred is other than a capital asset
.
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