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Form 46 Income Tax

Form 46 Income Tax

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What makes the form 46 of income tax legally binding?

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Handy tips for filling out Form 46 of income tax online

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Video instructions and help with filling out and completing Form 46 Income Tax

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Instructions and help about Form 46 Income Tax

capital gains on distribution of assets by companies in liquidation now again let's first understand pictorially as to what does this mean so let's say for example there is a company ok we saw this for a firm earlier a company has various shareholders right this company goes into liquidation what this means is that the company is basically coming to an end liquidation again is a co driven process in which court appoints one person known as the liquidator who is supposed to sell the assets ok realize the money pay debts and balance if any which is left is paid to the shareholders so the job of a liquidator is to see that you know whether the company has any assets if the company has assists he will sell these assets he will get the money whatever is the payables to the outsiders he is going to pay them in that order there's a defined order let's say creditors are paid first then the loans and I abilities and all those things and the balance money which is there is going to be distribute

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