Wednesday, September 2, 2015

[aaykarbhavan] Transfer of assets to retiring partner attracts capital gains even if partnership is reconstituted on retirement



Transfer of assets to retiring partner attracts capital gains even if partnership is reconstituted on retirement

September 3, 2015[2015] 60 taxmann.com 349 (Chennai - Trib.)
IT : Assessee-firm is liable for capital gain tax arising out of transfer of its asset to retiring partner even in circumstances when partnership is reconstituted on retirement of a partner
 
Regards
Prarthana Jalan


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Posted by: Prarthana Jalan <prarthanajalan@ymail.com>


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1 comment:

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