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Revaluation surplus paid to retiring partners isn’t distribution of capital asset; firm not liable to tax
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Corporate Tax
Revaluation surplus paid to retiring partners isn’t distribution of capital asset; firm not liable to tax
Posted on
on
January 12, 2018
Tenet Tax Daily January 12 2018
By
tenettax-team
Corporate Tax
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Madras HC quashed reopening of assessment initiated on mere change of opinion against ‘Karti Chidambaram’
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