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2023 (2) TMI 208 - AT - Income TaxShort term capital gain - sum received by it as partner on retirement from partnership firm - As contended alleged capital gain arose as sum received by the assessee as partner on retirement from partnership firm and, therefore, the same is exempt u/s 10(2a) - HELD THAT:- This Tribunal, in [2019 (6) TMI 845 - ITAT DELHI] held that the assessee is not liable to any capital gain tax on account of sum received by it as partner on retirement from partnership firm, there remains nothing form computation of capital gain tax and, accordingly, the Assessing Officer is directed to delete the impugned addition. - Decided against revenue.
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