"20 April 2017" Archive - Page 7

Sale of a Running Business with all Assets & Liabilities is Slump Sale: SC

The Commissioner of Income Tax, Vs Equinox Solution Pvt. Ltd. (Supreme Court of India)

Provisions of Section 50 (2) of the Act would apply to a case where the assessee transfers one or more block of assets, which he was using in running of his business. Such is not the case here because in this case, the assessee sold the entire business as a running concern....

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