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Income Tax - Highlights / Catch Notes

Home Highlights December 2016 Year 2016 This

Conversion of the partnership firm into a Private Limited ...

Income Tax

December 7, 2016

Conversion of the partnership firm into a Private Limited Company - notwithstanding the non-compliance with clause (d) of the proviso of Section 47(xiii) of the Income Tax Act by premature transfer of shares, the said Company is not liable to pay capital gains tax - HC

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