https://www.taxtmi.com/caselaws?id=203267 The Tribunal partly allowed the appeal by the revenue, reversing the CIT(A)'s order regarding the addition of Rs. 62,13,027 related to the fair market value and book value difference upon dissolution. The matter was remanded to the AO for fresh computation of capital gains. Additionally, the issue of disallowance of labour charges was remanded to the CIT(A) for further consideration on the genuineness of the expenses. en-us Wed, 10 Nov 2010 00:00:00 +0530 Sat, 25 Aug 2012 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203267 The Tribunal partly allowed the appeal by the revenue, reversing the CIT(A)'s order regarding the addition of Rs. 62,13,027 related to the fair market value and book value difference upon dissolution. The matter was remanded to the AO for fresh computation of capital gains. Additionally, the issue of disallowance of labour charges was remanded to the CIT(A) for further consideration on the genuineness of the expenses. Case-Laws Income Tax Wed, 10 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203267