Where assessee sold three proprietary concerns in slump sale, section 50B would apply; sale consideration received by assessee in cash being combined net worth of all three concerns and this net worth being also deemed as cost of acquisition and/or improvement under section 50B(2), no capital gain would stand to arise

Income-tax Officer-20 (2) (1), Mumbai v. P.V. Leela Amma  (Mumbai – Trib.)