Capital gain - conversion of the partnership firm into company - ...

Partnership Firm Converts to Company: No Capital Gains Tax Due per Section 47(xiii) of Income Tax Act.

March 9, 2016

Case Laws Income Tax AT

Capital gain - conversion of the partnership firm into company - the conditions laid down under section 47(xiii) of the Act have been fulfilled in this case. Therefore, no capital gain is chargeable under the provisions of section 45(4) of the Act. - AT

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Capital gain - conversion of the partnership firm into company - ...

Partnership Firm Converts to Company: No Capital Gains Tax Due per Section 47(xiii) of Income Tax Act.

March 9, 2016

Case Laws Income Tax AT

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