SHRI DEEPAK SURESH GADGE,,NAGPUR vs. DY. CIT, CIRCLE-1 , NAGPUR
In the result, appeal filed by the assessee partly allowed
ITA 23/NAG/2018[2013-2014]Status: DisposedITAT Nagpur28 Nov 2024AY 2013-2014
Bench: Shri V. Durga Rao & Shri K.M. Roy, Accountant, Member
For Appellant: Shri Manoj G. MoryaniFor Respondent: Shri Abhay Y. Marathe
Section 234A
4) of the Act, the legislature used the expression ‗distribution of capital
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Shri Deepak Gadge
asset on the dissolution of the firm or otherwise‘ for the purpose of determining the cost of acquisition of the property by the partner, the legislature had covered in the cases of dissolution of a partnership firm. The provisions of section
