Slump sale

Tax queries 231 views 4 replies
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CA
1398 Points Joined May 2014
Gain from Slump sale of an undertaking held for more than 3 years or 2 years is considered as long term capital gain for AY 2018-2019?
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On 05 September 2017 at 10:24 Report
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Student
96 Points Joined August 2014
3 year
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On 05 September 2017 at 12:56
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CA
1398 Points Joined May 2014
But for assessment year 2018-2019 will or not be 2 year as per amendment
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On 05 September 2017 at 14:47
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Student
96 Points Joined August 2014
2 year amendment is for land and building not for capital asset transferred under slump sale
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On 05 September 2017 at 15:07
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CA
1398 Points Joined May 2014
Thanks for the clarification
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On 06 September 2017 at 05:52


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