Capital gain - crediting the enhanced value of the land, which ...

Case Laws Income Tax

June 29, 2019

Capital gain - crediting the enhanced value of the land, which belonged to the firm, to the current account of the partners of the firm and by treating it as loan from the partners in the accounts of the company, there was violation of proviso to Section 47(xiii)(a) and (c) capital gain is leviable - tax liability will be fallen on the successor company

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Capital gain - crediting the enhanced value of the land, which ...

Case Laws Income Tax

June 29, 2019

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