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Tax Insights from India Tax & Regulatory ServicesTransfer as a Going Concern not determination of Slump Sale November 19, 2015In brief Recently, the Kolkata Income Tax Appellate Tribunal (Tribunal)
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Transfer as a going refers to the process of transferring ownership of goods or property from one entity to another.
The entity or individual transferring ownership of goods or property is required to file transfer as a going.
Transfer as a going can be filled out by providing detailed information about the goods or property being transferred, as well as the parties involved in the transfer.
The purpose of transfer as a going is to document the transfer of ownership of goods or property in a legal and official manner.
Information such as the description of the goods or property, the names of the parties involved, the date of transfer, and any relevant terms or conditions must be reported on transfer as a going.
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