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![Revaluation of Satellite Rights of Partnership Firm not amount to Capital Gain on Converting into a Company: Bombay HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Bombay-High-Court-2-Tax-Scan.jpg "Revaluation of Satellite Rights of Partnership Firm not amount to Capital Gain on Converting into a Company: Bombay HC [Read Order]")
Revaluation of Satellite Rights of Partnership Firm not amount to Capital Gain on Converting into a Company: Bombay HC [Read Order]
When a partnership Firm is converted into a Company, revaluation of the satellite rights by the partnership firm would not attract any capital gain, a...