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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

There is no transfer of capital asset by way of distribution of ...

Case Laws     Income Tax

December 25, 2015

There is no transfer of capital asset by way of distribution of capital asset at the time of making the payments to the retiring partners and therefore, no capital gain is chargeable to tax in hands of the assessee partnership firm - AT

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