Dear CCI Members,
One of my clients have sold their factory which was build on a leased land & the the period of lease is not completed. Will this be treated as a case of Slump sale (Sec-50B)? Please discuss its tax implications.
Regards,
SKG
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Capital Gains
Replies (1)
Will you plz tell how the property on leased land has been sold by him although he has no right over the land to sell the same ?
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