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![Firm Not Liable to Pay Capital Gain Tax on Crediting Revaluation Surplus to Settle Retiring Partners: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/09/Capital-Gain-Taxscan.jpg "Firm Not Liable to Pay Capital Gain Tax on Crediting Revaluation Surplus to Settle Retiring Partners: ITAT [Read Order]")
Firm Not Liable to Pay Capital Gain Tax on Crediting Revaluation Surplus to Settle Retiring Partners: ITAT [Read Order]
Capital gain Tax on crediting revaluation surplus to partners account settling their accounts on their retirement is taxable in the hands of such...