https://www.taxtmi.com/caselaws?id=100239 The court dismissed the petitions, affirming that the transfers of shares were legally effective, and the petitioners could not alter their position after initially acknowledging the capital gains. The judgment underscored the significance of interpreting agreements based on their legal consequences and enforcing tax obligations accordingly. en-us Wed, 15 Sep 1982 00:00:00 +0530 Tue, 31 Jan 2012 16:48:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100239 The court dismissed the petitions, affirming that the transfers of shares were legally effective, and the petitioners could not alter their position after initially acknowledging the capital gains. The judgment underscored the significance of interpreting agreements based on their legal consequences and enforcing tax obligations accordingly. Case-Laws Companies Law Wed, 15 Sep 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100239