Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2011 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (11) TMI 257 - HC - Income TaxApplicability of provisions of Section 45(4) - retirement of partners from firm – share of profit transferred to the retiring partners deemed as capital gains – Held that:- The matter has to be remanded back to the Income Tax Appellate Tribunal for re-consideration of the entire issue. - Decided in favor of Revenue.
|