comapny law and taxation

This is a discussion on comapny law and taxation within the Business Contracts & Partnerships forum, part of the BUSINESS & FINANCE LAW category; I would like to convert my firm into company under Indian companies Act1956. after conversion would like to sell the ...

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Old Oct 21st, 2008, 11:53 PM   #1
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I would like to convert my firm into company under Indian companies Act1956.
after conversion would like to sell the assets of the company wich we taken from firm.so to avoid capital gain whethre should I take the assets value at agreed vaule or market value or at book value.
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