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![No Capital Gain Tax on Amount Received by Retiring Partner: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Capital-Gain-Taxscan.jpg "No Capital Gain Tax on Amount Received by Retiring Partner: ITAT [Read Order]")
No Capital Gain Tax on Amount Received by Retiring Partner: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) held that a retiring partner took only money towards the value of his share on retirement and when there was...