Section 47(xiv) - Conversion of a Sole Proprietary Concern into a Company

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..... n 47(xiv) - Conversion of a Sole Proprietary Concern into a Company Section Transaction not regarded as transfer Transferor u/s 2(47) Transferee u/s 2(47) Capital asset involved u/s 2(14) What is the .....

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..... ness immediately before the succession become the assets and liabilities of the company The shareholding of the sole proprietor in the company is not less than fifty per cent of the total voting power .....

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