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Business Transfer Agreement - Income Tax deptt

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(Querist)
19 December 2008 Dear friends,

We want your suggestion as below.

My company A has signed BTA (Business Transfer Agreement) with B on 2nd December, 2008. In BTA it is specified that the transfer will be effective from 1st April, 2008.

We have any liability to inform Income Tax Department for the same?


We have different PAN of both the companies.

Please suggest.


Thanks,
Jayesh Jagetiya
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Jayesh Jagetiya

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Jayesh Jagetiya (Querist)
27 December 2008 Please reply................
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Jayesh Jagetiya

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Jayesh Jagetiya (Querist)
07 January 2009 Please reply...........
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Dhirajlal Rambhia (Expert)
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