Addition made u/s.50B holding the tea estate as slump sale - ...

Section 50B Update: Tea Estate Sale Classified as Slump Sale, But Asset Transfer Suggests Split Sale Instead.

May 31, 2016

Case Laws Income Tax AT

Addition made u/s.50B holding the tea estate as slump sale - Only those assets which were enumerated in the Schedules and Annexures were sold to the vendee. Therefore, the instant case was one of split sale and not a case of slump sale. - AT

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Addition made u/s.50B holding the tea estate as slump sale - ...

Section 50B Update: Tea Estate Sale Classified as Slump Sale, But Asset Transfer Suggests Split Sale Instead.

May 31, 2016

Case Laws Income Tax AT

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