What is the tax implication of Transfer of capital assets by proprietor from one business to another business of same proprietor?
Menu
Transfer of capital assets by proprietor from one business to another business
Replies (1)
| Originally posted by : MOHIT KUMAR TOMAR | ||
 |
What is the tax implication of Transfer of capital assets by proprietor from one business to another business of same proprietor? |
 |
Nothing
Just depreciation expense of one form will reduce which will increase Np and VV in other firm
Recent Threads
- Revised Income tax return karna padega kya
- Registration as deductor on traces site
- Rental Income from a Joint Holding property
- Itr 4 return filing question
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
Related Threads
CAclubindia
