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Income Tax - Highlights / Catch Notes

Home Highlights October 2016 Year 2016 This

Partnership firm - Nature of the Certain considerations received ...

Income Tax

October 20, 2016

Partnership firm - Nature of the Certain considerations received after the dissolution of the firm - The appellants as erstwhile partners are liable to pay capital gain on the amount received by them towards the value of their share in the net assets of the firm are liable for payment of capital gains u/s 45 - SC

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