Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Partners' Writ Petitions Dismissed for Gift-Tax Notice on Business Sale</h1> The High Court dismissed writ petitions challenging a Gift-tax notice issued to partners of a firm regarding a business sale. The court ruled that the ... Deemed Gift, Gift Tax, Notice U/S 16(1)(a), Reassessment, Writ The High Court dismissed writ petitions challenging a Gift-tax notice issued to partners of a firm regarding a business sale. The court ruled that the petitioners have alternative remedies under the Gift-tax Act and must follow the appeal process instead of filing writ petitions. No costs were awarded.