Capital gain - Land transfered by assessee into partnership firm ...
Land Transfer to Partnership as Stock-in-Trade Triggers Capital Gains Tax Due to Unrevised Valuation.
October 14, 2023
Case Laws Income Tax AT
Capital gain - Land transfered by assessee into partnership firm - stock-in-trade is introduced into a firm - valuation of land was done by the assessee himself more as against the cost price and the same has not been revalued by the joint venture or the firm - Additions confirmed - AT
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