Can someone please explain Slump Sale in IPC Income Tax
Padmasandhya S (Student) (34 Points)
17 February 2016Can someone please explain Slump Sale in IPC Income Tax
Sathish M
(Management Accountant)
(40581 Points)
Replied 17 February 2016
“Slump Sale” means the transfer of one or more undertakings as a result of the sale for a lump sum consideration without values being assigned to the individual assets and liabilities in such sales.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
