capital gain
This query is : Resolved
16 March 2008
if a firm's assets is revalued and converted into pvt co under ix of companies Act whether liability of capital gain arises for the firm
16 March 2008
if conditions mentioned u/s 47(xiii) are satisfied then there will be no capital gain tax .
17 March 2008
IF THE CONDITIONS MENTIONED UNDER SECTION 47(xiii) ARE SATISFIED THAN NO CAPITAL GAIN SHALL ARISE
19 March 2008
I too agree with Mr.Saurabh and Mr.Jitender.
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