Salman PS (STUDENT) (72 Points)
13 August 2016One of a partnership concern is selling its business as whole to another company. The assets and liabilities are valued individually,so no need to look at slump sale. But I want to know whether tax liability araise in any other form.
One more thing that matters to be considered in income tax as relates to such sale
deewan
(Student - CA FINAL)
(110 Points)
Replied 13 August 2016
Salman PS
(STUDENT)
(72 Points)
Replied 13 August 2016
Actually it is done as like a conversion, All at par value. Why it is doing as a sale because that its registrar of companies obsrtuct it. What all are the other provisions I need to consider
Salman PS
(STUDENT)
(72 Points)
Replied 13 August 2016
Actually it is done as like a conversion, All at par value. Why it is doing as a sale because that its registrar of companies obsrtuct it. What all are the other provisions I need to consider
Salman PS
(STUDENT)
(72 Points)
Replied 13 August 2016
Actually it is done as like a conversion, All at par value. Why it is doing as a sale because that its registrar of companies obsrtuct it. What all are the other provisions I need to consider
Salman PS
(STUDENT)
(72 Points)
Replied 13 August 2016
What to do with regard to depreciation on fixed assets
CAclubindia
