X COMPANY BUY Y COMPANY

Adv. S Sharma (Lawyer) (574 Points)

25 February 2008  

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