“32A. Computation of capital gains from the transfer of business or undertaking.—

¹[“32A. Computation of capital gains from the transfer of business or undertaking.—

The Capital gains from the transfer of business or undertaking shall be computed after making the following deductions from the full value of the consideration received or accruing from the transfer of the business or undertaking in its entirety or the fair market value thereof, whichever is higher, namely:— (a) any expenditure incurred solely in connection with the transfer of the business or undertaking in its entirety; and (b) the book value of the assets minus the liabilities taken up as on the date of transfer as a result of the transfer of the business or undertaking in its entirety;]

¹ Ins new section 32A by F. A. 2020

About Author

Golden Bangladesh

Golden Bangladesh is a point of access to information.We present information from diverse sources in a unified way. It is the leading web portal, e-Directory and business guide in Bangladesh.