As is renowned in income-tax forums, there is a lot of disagreement regarding the interpretation of section 45(4) of the Income-Tax Act, 1961. As per section... Read More
dissolution of partnership firm
Process of Dissolution of partnership Firm
3 min read
If any of a partner in a firm wants to relive his shares, he can dissolve his partnership. In such circumstances, if any one member... Read More

Transfer of assets of partnership firm among the partners on retirement not subject to Capital Gains Tax
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