slump sale

  • Income Tax

Slump Sale of entire running business with all assets & liabilities in one go was LTCG us 48(2) for taxation purpose-Supreme Court

Slump Sale of entire running business was LTCG us 48(2). Sale in one go with assets and liabilities cannot be…

7 years ago
  • Income Tax

Itemized sale of plant & machinery of a unit was not sale as a going concern unit, hence, not slump sale u/s 2(42C)

Itemized sale of the plant and machinery of chemical unit vide agreement was not the sale of the unit as a going…

8 years ago