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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Slump sale - CIT(A) was not correct in coming to the conclusion ...

Income Tax

September 18, 2015

Slump sale - CIT(A) was not correct in coming to the conclusion that the negative figure of the net worth should be ignored for working out the capital gains in case of a slump sale. - the amount of ‘Net worth’ will be a negative figure and not Zero - AT

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