23 Sept 2008
GOVIND PRASAD SAHA V THE COMMISSIONER OF INLAND REVENUE HC WN CIV 2007-485-701
- Citation
- openlaw-77e465c3_5610_4bbe_80de_d8311465dd92.pdf
- Court
- High Court
The forfeiture of 2095 shares in 2002 was a disposal of an interest in a foreign investment fund for nil consideration and is therefore, by operation of CG23(5), deemed to be disposed of at market value for the comparative value calculation; the Commissioner's assessment for 2002 is confirmed.