Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1978 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1978 (7) TMI 57 - HC - Income TaxExtract: .......For all the above reasons, there was no extinguishment of any right of the assessee as holder of the shares in the transferor-companies. On all other aspects of this case, I fully agree with the reasonings and conclusions of my learned brother and I agree that the question referred should be answered in the affirmative and in favour of the revenue.
|