Section 328: Succession of one firm by another firm

The Income-tax Act, 2025Central Act · Act 30 of 2025

Succession of one firm by another firm.

Where a firm carrying on a business or profession is succeeded by another firm, except in a case covered by section 327, separate assessments shall be made on the predecessor firm and the successor firm as per the provisions of section 313.

Where this provision sits

Act	The Income-tax Act, 2025
Section	328
Marginal note	Succession of one firm by another firm
Jurisdiction	Central
Status	In force as published by the source

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