Friday, May 23, 2014

[aaykarbhavan] No reassessment to tax slump sale as ITAT upheld that transfer of undertaking in lieu of shares wasn’t slump sale



No reassessment to tax slump sale as ITAT upheld that transfer of undertaking in lieu of shares wasn't slump sale

May 23, 2014[2014] 45 taxmann.com 104 (Bombay)
IT : Reassessment on ground that transfer of undertaking by assessee was slump sale was unjustified since Tribunal had clearly recorded that transfer in lieu of shares was not a slump sale
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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