Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1989 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1989 (3) TMI 66 - HC - Income TaxExtract: ........ In the result and for the reasons aforesaid, we answer the question referred for our opinion as under On the facts and in the circumstances of the case, the Gift-tax. Appellate Tribunal is right in law in holding that the assessee is not chargeable to gift-tax in respect of the reduction in his share interest on the admission of the new partners.
|