TMI BlogSection 10B IT Act: Successor Entitled to Unexpired Tax Benefits for 5 Years if Business Sold as Going Concern.Exemption u/s 10B - Transfer or sale of undertaking -The successor would be entitled to benefit of the unexpired period of five years provided the undertaking was taken over as a running concern - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|