retiring partner

  • Income Tax

Capital Gain tax on distribution of assets on dissolution/reconstitution of partnership firm

Capital Gain tax on distribution of assets on dissolution/reconstitution of partnership firm – ITAT explains the law on all possible…

5 years ago
  • Income Tax

Compensation paid to retiring partner on family settlement allowed as deduction to firm

Compensation paid to retiring partner consequent to family settlement-Deduction allowed as capital of firm was kept intact and business was…

6 years ago