Prasad Associates (1 Points)
13 August 2022
CA Rashmi Gandhi
(Chartered Accountant)
(86323 Points)
Replied 13 August 2022
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 13 August 2022
If business is transferred as a whole and as a going concern basis then transaction is exempt.
For transfer it depends what kind of transfer is happening, whether it is amalgamation, merger or simple sale of business.
Documents will be made accordingly
CAclubindia
