CA Day celebration 2024 Easy Office
LCI Learning

PGBP

This query is : Resolved 
Profile Image

Profile Image

(Querist)
24 August 2009 A sold his business to B .B in later years recovered the bad debts that had incurred to A.Discuss tax implications?
Profile Image

Manmohan ACA, CS

Profile Image

Manmohan ACA, CS (Expert)
25 August 2009 Taxable in the hands of A as deemed business income
Profile Image

vijay singhal

Profile Image

vijay singhal (Expert)
25 August 2009 not taxable in hands of B
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CA Day celebration 2024 with Tally CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links