https://www.taxtmi.com/caselaws?id=64565 A Special Bench of the ITAT was constituted to consider whether section 45(4) applies to tax capital gains on distribution of firm assets on dissolution, how full value of consideration should be computed under section 45(4), how short-term capital gains on depreciable assets should be computed under section 50, and whether a going concern can be valued by the global valuation method. Before those issues were decided, the assessee settled the dispute under the Kar Vivad Samadhan Scheme and produced the settlement certificate. The Tribunal held that the appeal had become infructuous and dismissed it accordingly. en-us Mon, 17 Jul 2000 00:00:00 +0530 Tue, 08 Feb 2011 15:58:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64565 A Special Bench of the ITAT was constituted to consider whether section 45(4) applies to tax capital gains on distribution of firm assets on dissolution, how full value of consideration should be computed under section 45(4), how short-term capital gains on depreciable assets should be computed under section 50, and whether a going concern can be valued by the global valuation method. Before those issues were decided, the assessee settled the dispute under the Kar Vivad Samadhan Scheme and produced the settlement certificate. The Tribunal held that the appeal had become infructuous and dismissed it accordingly. Case-Laws Income Tax Mon, 17 Jul 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64565