We sold our 30 year old pvt ltd company on10.7.24.with Land, building and machenery.
Will it be cosidered as share sale or asset sale for long term capital gain tax?
2 Replies
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(6463 Points)
Replied 13 January 2025
The sale of your 30-year-old private limited company is a significant transaction.
Angri Krishna Bhat
(Engineer)
(3 Points)
Replied 14 January 2025
Thanks for your clear valuable response Mr. Ramachary.🙏🏻
A. K. Bhat.
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