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Business profits arise when a disguised transaction of sale of shares is opted to transfer a business
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Corporate Tax
Business profits arise when a disguised transaction of sale of shares is opted to transfer a business
Posted on
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November 13, 2013
Tenet Tax Daily November 13 2013
By
tenettax-team
Corporate Tax
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Allahabad HC – Re-assessment quashed as all facts were disclosed in assessment proceedings
Sum received by assessee from letting out of office to fulfil financial needs of business is business receipt
