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COMMISSIONER OF INCOME-TAX versus MANHARLAL GIRDHARLAL DOSHIT


The transfer of assets without the transfer of assets is implemented through the retirement of the Assisi's partnership, which authorizes the transfer of a viable claim giving the right to receive compensation from the firm. Settlement was implemented by the firm in the calendar year 1976, in the hands of the Indian Transfer of Property Act, 1882, 5 130 Indian Income Tax Act, 1961, section 60. And 176 \ r \ n \ r \ n was not taxed.

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