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Income Tax - Highlights / Catch Notes

Home Highlights November 2021 Year 2021 This

Sale of the chemical unit of the assessee company - itemised ...

Income Tax

November 27, 2021

Sale of the chemical unit of the assessee company - itemised sale OR slump sale - addition under section 50B read with section 2(42C) and explanation 1 to section 2(19AA) - Tribunal in our view, rightly held that the sale cannot be regarded as a slump sale - HC

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