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ITAT:Net worth as defined u/s 50B for the purpose of computing capital gain cannot…
HC:Pre 2000, slump sale of business undertaking not subject to capital gains tax …
SC:Sec 41(2) applicable in case of slump sale if item-wise allocation of price possible…
HC:Sec 41(2) not applicable to transfer of entire business as ‘going concern’…
ITAT:Cost if acquisition ‘nil’ if value of liabilities exceeds…
ITAT:Sec 50C not attracted on transfer of ‘lease right’ in land
ITAT:ITAT SB : Sec 50C applicable to depreciable assets
HC:Slump sale of business also results in ‘sale or transfer of machinery'
HC:Asset transfer upon business sale pre-FY 99-00 taxable as capital gains
ITAT:Transfer of undertaking in 'exchange' of bonds/shares not taxable as capital…
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Greentick