Slump sale (section 50b) and section 50c
This query is : Resolved
05 November 2014
In a slump sale, individual values for assets like land and building or both is not ascertained. A lump sum price is paid for the whole undertaking. In such circumstances, will section 50C be applicable?
05 November 2014
section 50c doesnt apply to the slump sale...
05 November 2014
refer https://www.taxsutra.com/node/263
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