TMI BlogCapital gain - taking over of the assets from the firm to the company - it is clear that the vesting of...Capital gain - taking over of the assets from the firm to the company - it is clear that the vesting of the property in the private limited company is not consequent or incidental to a transfer. There is no transfer of capital assets as contemplated by section 45(1) - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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