Easy Office
LCI Learning

Slump sale (section 50b) and section 50c

This query is : Resolved 
Profile Image

Profile Image

(Querist)
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?
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
05 November 2014 section 50c doesnt apply to the slump sale...
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
05 November 2014 refer http://www.taxsutra.com/node/263




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links