Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1960 (3) TMI 49 - CALCUTTA HIGH COURT
Extract:
.......d in law. In the circumstances the question of conversion of the shares into stock-in-trade on February 21, 1940, could not arise. I propose that the question referred to this court be answered in the negative. The assessee is entitled to the costs of the reference. Certified for two counsel. LAHIRI C.J.--I agree. Question answered in the negative.