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Discussion < Income Tax < SLUMP SALE
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students zone,CA Students
ANAND


[ Scorecard :65 ]

Sir



One of my clients wants to convert its proprietorship into company. i have following queries

1. whether business should be transferred by slump sale u/s 50B or by transfer u/s 47(xiv) to avoid capital gain, which one is better option.
2. Company is already into existence, should objects clause be amended to takeover.
3. if slump sale is better option then pl send the draft copy of slump sale agreement

i shall be thankful for appropriate advice

regards

Anand Grover
9810735454







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