Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1981 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1981 (8) TMI 13 - HC - Income TaxExtract: .......tal gains merely because the valuation on the retirement of the assessee from the firm resulted in an excess of Rs. 47,203 over the book value of the net assets of the firm referable to his share in the partnership. The question referred to us is accordingly answered in the negative and in favour of the assessee. There will be no order as to costs.
|