Hi Guys
Querry ----- "X" company buy as a slump sale "Y" company.
Is TDS provisions /dividend provision applicable under this transaction?
what will be the tax rate for these type of transaction both in cases -- a) STCG b) LTCG
THX
Adv. S Sharma (Lawyer) (574 Points)
25 February 2008Hi Guys
Querry ----- "X" company buy as a slump sale "Y" company.
Is TDS provisions /dividend provision applicable under this transaction?
what will be the tax rate for these type of transaction both in cases -- a) STCG b) LTCG
THX
S.Srinivasaraghavan
(Chief Financial Officer and Co)
(11318 Points)
Replied 25 February 2008
Adv. S Sharma
(Lawyer)
(574 Points)
Replied 26 February 2008
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