2017 (3) TMI 1684 - HC - Income Tax

Capital gain on transfer of converted shares - partnership firm - contention of Assessees that share were converted into stock in trade thus no capital gain - Held that - Dismissed. See order of date passed in THE COMMISSIONER OF INCOME TAX-I, LUCKNOW VERSUS BIJAI KUMAR JAIN, S.K. JAIN, RAVI PRAKASH SINGH, RAJENDER SINGH, D.K. KADKADE, RAVI PRAKASH SINGH 2017 (5) TMI 300 - ALLAHABAD HIGH COURT

Summary

Case: Sudhir Agarwal v. Ravindra Nath Mishra-II
Court: Allahabad High Court
Citation: 2017 (3) TMI 1684 - Allahabad High Court
Judges: Sudhir Agarwal, Ravindra Nath Mishra-II
Representation:
- Appellant: Alok Mathur
- Respondent: Namit Sharma
Outcome: Dismissed
Reference: Order in Income Tax Appeal No. 11 of 2006