High Court Rules on Business Transfer: Distinguishing Illegal Tax Evasion from Legal Tax Avoidance in Capital Gains Context.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Capital gain - transfer of business - what has been done by the assessee is to evade tax and not to avoid. .... - HC....