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Slump sale under sec 50b

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27 June 2014 if one or more assets or liabilities are not transferred,whether sec 50B shall apply in that case, and revaluation in respect of liabilities are permissible under sec 50B

27 June 2014 all the assets and liabilities of the unit have to be included to term the transaction as slump sale.

if any revaluation is to be done, preferably do it before the slump sale transaction.

27 June 2014 in slump sale revaluation is not allowed if you want then it is done before the slump sale and all assets and liability will tfr and also report of CA in form NO. 3CEA will also furnished with income tax return.




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