TMI BlogApplication of Section 50B - Slump sale u/s 2(42C) - amalgamation - where a person carrying on business,...Application of Section 50B - Slump sale u/s 2(42C) - amalgamation - where a person carrying on business, transfers assets to a company in consideration of allotment of shares, it would be a case of exchange but not of sale - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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