TMI Blogcapital gain on goodwill on transfer of professionalhospital of an individualX X X X Extracts X X X X X X X X Extracts X X X X ..... Plz give your expert opinion on capital gain on goodwill on transfer of professional nursing home/hospital of an individual. S.C.WADHWA - Reply By CA GOPALJI AGRAWAL - The Reply = Please give ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the detailed facts of the case. Your case may fall under slump sale (Section 50B) - Reply By S.C. WADHWA - The Reply = She is a well qualified surgeon was in employment with this hospital from 8 t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o 10 years and did her professional practise in the said hospital from 5 to 6 years and lateron the said hospital was purchased in the year 2008-09 FY. The sale transaction fell under slum sale at tha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t time. Now the said hospital is under sale consideration. Please give your expert opinion whether the transaction fall under slum sale or it will be beneficial to get goodwill. S.C.WADHWA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By CA GOPALJI AGRAWAL - The Reply = Yes, it may fall under slump sale. Please refer section 50B for details. - capital gain on goodwill on transfer of professionalhospital of an individual ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Query Started By: - S.C. WADHWA Dated:- 6-9-2012 Income Tax - Got 3 Replies - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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