Capital gain over the sale of an entity

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One of a partnership concern is selling its business as whole to another company. The assets and liabilities are valued individually,so no need to look at slump sale. But I want to know whether tax liability araise in any other form.

One more thing that matters to be considered in income tax as relates to such sale

 

Replies (6)
Transfer of business to company, is with in the definition of transfer

But this situation is excluded from capital gain
So there is no capital gain

Actually it is done as like a conversion, All at par value. Why it is doing as a sale because that its registrar of companies obsrtuct it. What all are the other provisions I need to consider

 

Actually it is done as like a conversion, All at par value. Why it is doing as a sale because that its registrar of companies obsrtuct it. What all are the other provisions I need to consider

 

Actually it is done as like a conversion, All at par value. Why it is doing as a sale because that its registrar of companies obsrtuct it. What all are the other provisions I need to consider

 

What to do with regard to depreciation on fixed assets 

Sir which is the section 


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