What is the tax implication of Transfer of capital assets by proprietor from one business to another business of same proprietor?
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Transfer of capital assets by proprietor from one business to another business
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| Originally posted by : MOHIT KUMAR TOMAR | ||
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What is the tax implication of Transfer of capital assets by proprietor from one business to another business of same proprietor? |
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Nothing
Just depreciation expense of one form will reduce which will increase Np and VV in other firm
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