https://www.taxtmi.com/caselaws?id=333684 The Supreme Court partially allowed the appeals, ruling that business income for the period April 1, 1994, to November 20, 1994, should be assessed in the hands of AOP-3. Capital gains tax from the sale of the partnership firm was upheld to be paid by the individual partners. The Revenue's appeals were deemed unnecessary and disposed of without costs. en-us Tue, 18 Oct 2016 00:00:00 +0530 Fri, 21 Sep 2018 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333684 The Supreme Court partially allowed the appeals, ruling that business income for the period April 1, 1994, to November 20, 1994, should be assessed in the hands of AOP-3. Capital gains tax from the sale of the partnership firm was upheld to be paid by the individual partners. The Revenue's appeals were deemed unnecessary and disposed of without costs. Case-Laws Income Tax Tue, 18 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333684