SHRL SUNIL SLDDHARTHBHAL ETC v. COMMISSIONER OF INCOME TAX, AHMEDABAD ETC

Citation: [1985] SUPP. 3 S.C.R. 102

Court: Supreme Court of India

Bench: P.N. BHAGWATI, R.S. PATHAK, AMARENDRA NATH SEN

Case summary

528, the Madras High Court held that when a partner introduces his property into a partnership firm as his contribution to its capital the transaction does not involve a sale of the property....

Judgment text

528, the Madras High Court held that when a partner introduces his property into a partnership firm as his contribution to its capital the transaction does not involve a sale of the property....