Tax liability

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naheeda begum

naheeda begum (Querist)
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16 January 2015 if the business is sold on lumps sum basis how the tax is calculated

Rupesh Jain

Rupesh Jain (Expert)
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16 January 2015 you have to make valuation of every thing like business trading items will taxable as income from business and fixed assets will taxable under income form capital gain.

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Tax liability

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