When the Fair Market Value of the asset as on date of ...

Case Laws Income Tax

September 5, 2014

When the Fair Market Value of the asset as on date of dissolution of the partnership firm is deemed to be the full value of consideration received or acquired as a result of transfer, the Fair Market Value shall be the cost of acquisition in the hands of the transferee/the partners who received the property/capital asset. - AT

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When the Fair Market Value of the asset as on date of ...

Case Laws Income Tax

September 5, 2014

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