Slump sale
vivek giri
(Querist) 27 January 2012
This query is : Resolved
provision of slump sale is related to which section of company law?
Shailesh Kumar Shah
(Expert) 27 January 2012
No Where in the companies act, 1956 have define any provision relating to slump sale.
ajay sethi
(Expert) 27 January 2012
it is section 50 B of incoome tax act
M/s. Y-not legal services
(Expert) 28 January 2012
yes.. am agree with ajay sir..
Income Tax Act, 1961
Section 50B. SPECIAL PROVISION FOR COMPUTATION OF CAPITAL GAINS IN CASE OF SLUMP SALE.
-tom-
Shonee Kapoor
(Expert) 29 January 2012
Agreed.
Regards,
Shonee Kapoor
harassed.by.498a@gmail.com
R.V.RAO
(Expert) 31 January 2014
sale of goods act and income tax act contain provisions about slump sales.