Where a business carried on by a taxable person registered under this – McqOptions

MCQOPTIONS

1.	Where a business carried on by a taxable person registered under this Act is transferred toanother person as a going concern,
A.	Transferror’s registration shall be taken as transferee’s registration
B.	The transferee shall be liable to be registered w.e.f. the date of transfer
C.	Both transferor and transferee are required to obtain fresh registration
D.	None of the above
Answer» C. Both transferor and transferee are required to obtain fresh registration

Discussion

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