2018 (7) TMI 1452 - SCH - 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 - SLP dismissed.

Summary

Title: Supreme Court of India dismisses special leave petitions

Judges: Mr. A.K. Sikri and Mr. Ashok Bhushan JJ.

Petitioner(s) represented by: Mr. Vikramjit Banerjee, ASG, Ms. Niranjana Singh, Mr. Bhuvan Mishra, Mr. Shubhendu Anand, and Mrs. Anil Katiyar, AOR

Respondent(s): None

Decision: Special leave petitions dismissed. Pending applications disposed of.