A (Compnay) who purchased the particular land at Rs.3,00,00,000/-.
from that company sell a Garage to B (Individual (Who is relative of major shareholder) )for Rs.50,00,000/-
& company C(which is Intercorporate Company of A) purchase from B at Rs.25,00,000/-.
what should be tax implication for this?
Regards,
Paresh Rathod
CAclubindia
