Capital Gain - Sale of entire undertaking
Last updated: 07 July 2008
Court :
Brief :
Case Fact: Whether in a sale of the entire undertaking (bakery) as a whole, if two separate documents with respect to movable and immovable (Land) assets are executed, the provision of section 50 of Income-tax Act, 1961, will be applicable?
Citation :
Asst.C.I.T. Vs. Raka Food Products
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CA. A. Kumar
Published in Income Tax
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