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Slump sale
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?
Replies (4)
3 year
But for assessment year 2018-2019 will or not be 2 year as per amendment
2 year amendment is for land and building not for capital asset transferred under slump sale
Thanks for the clarification
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