Tax rate applied to partnership firm on slump sale

palak (article) (46 Points)

04 September 2012  

Dear member and colleuges,

Could anybody make me aware with the tax rate that should be applied to partnership firm , which is selling its networth to a company.??

i suppose tax rate should be 20 % as it is long term capital gain, but i m not sure with same

Regards 

Palak