HC: Upholds ITAT order; Transfer of subsidiary's shares, not 'slump-sale' of undertaking


Conclusion

Bombay HC upholds ITAT order, rules that assessee company's transfer of entire shareholding in its subsidiary to third party doesn't constitute slump sale u/s 2(42C) r.w. Sec 50B, ...

Purchase this Article

2000₹   Buy Now


For 2000₹, purchase this and receive immediate online access.

 

Already a Subscriber?

Log in for complete access.

Log In

Queries?

Contact Vidyadhar Mhatre at +91 93200 54016
Email - sales@taxsutra.com

Top