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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Capital gains tax - dissolution of firm - Transactions not ...

Case Laws     Income Tax

January 16, 2015

Capital gains tax - dissolution of firm - Transactions not regarded as transfer - The finding that there was no distribution of assets does not lead to a conclusion that there is no transfer at all, particularly when it is not even disputed that the sale as such has taken place, with the participation of the appellant. - HC

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