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Income Tax - Highlights / Catch Notes

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Computation of Slump sale - ITAT had accepted the Assessee’s ...

Income Tax

January 10, 2016

Computation of Slump sale - ITAT had accepted the Assessee’s contention that in case the entire block of assets was sold, the written down value of the block of assets as existing must be taken at the aggregate value of the total assets. We are unable to concur with the said view. - HC

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