Transfer of a ‘specific sale contract with a client’ is covered under the expression ‘right to manufacture, produce or process any article or thing’ under Section 55(2)(a) of the Income-tax Act, 1961 and hence taxable as capital gains

Prajna Technologies & Services Pvt. Ltd., VS DCIT (ITAT Hyderabad)

IN THE INCOME TAX APPELLATE TRIBUNAL

HYDERABAD BENCH ‘A, HYDERABAD

ITA No. 1331/Hyd/2010 : Assessment year 2002- 03

M/s. Prajna Technologies & Services Pvt. Ltd., VS DCIT

O R D E R

Per Akber Basha, AM:-

The app

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