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Selling of partnership share

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(Querist)
17 December 2010 Whether partner liable for tax in case where said partner sell his/her share in partnership firm? if yes, in which head it is taxable?
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CA. R. B. SAH

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CA. R. B. SAH (Expert)
19 December 2010 taxable in the head of capital gain.
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CA. Rohan Vaghasia

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CA. Rohan Vaghasia (Querist)
20 December 2010 Thank u sir,

but how can it qualify capital assets ?

can u quote some case laws..?
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