https://www.taxtmi.com/caselaws?id=25047 The High Court upheld the Tribunal's decision that the firm was not dissolved on April 12, 1974, but on June 24, 1974. Consequently, the capital gains were assessable in the hands of the firm, not the individual partners. The Court dismissed the plea for a reference on the dissolution date and affirmed the Tribunal's decision on the capital gains assessment issue, stating no referable question of law arose. en-us Wed, 10 Jun 1987 00:00:00 +0530 Mon, 25 Jan 2010 10:51:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25047 The High Court upheld the Tribunal's decision that the firm was not dissolved on April 12, 1974, but on June 24, 1974. Consequently, the capital gains were assessable in the hands of the firm, not the individual partners. The Court dismissed the plea for a reference on the dissolution date and affirmed the Tribunal's decision on the capital gains assessment issue, stating no referable question of law arose. Case-Laws Income Tax Wed, 10 Jun 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25047