Section 43ca on co operatvie society


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Querist : Anonymous (Querist)
28 June 2013 is Section 43ca applicable on Co-Operatvie Society ?

28 June 2013 It covers all the types of assessees.
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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.
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The section is applicable where the asset transferred is other than a capital asset
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