Hi Guys
Querry ----- "X" company buy as a slump sale "Y" company.
Is TDS provisions /dividend provision applicable under this transaction?
what will be the tax rate for these type of transaction both in cases -- a) STCG b) LTCG
THX
Menu
X COMPANY BUY Y COMPANY
Replies (2)
No TDS or Dividend provisions applicable, as the transaction is one of sale and purchase.
As regards, capital gains, if the undertaking as a whole was in existence for more than 36 months, only LTCG is applicable.
thx sir
what would be the capital gain rate in this case?
IF STT NOT PAID THEN WHT WILL BE THE RATE ?
what would be the capital gain rate in this case?
IF STT NOT PAID THEN WHT WILL BE THE RATE ?
Recent Threads
- Gst interest and penalty doubts regarding missing
- Import of goods IMS telated
- ITR 6 submitting Problem
- Partnership Firm Closure Process
- Why the Costing Department Is Important ?
- Difference in efiling portal and intimation order
- Income tax challan correction
- AGM WITH SHORTER NOTICE
- 15CA/15CB Bulk Filing Automation Tool – Need
- GSTR 9 FY 2023-24 LATE FEE
Related Threads
CAclubindia
