Transfer of assets of partnership firm among the partners on retirement not subject to Capital Gains Tax
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
latest circular for transfer of assets
The latest circular for transfer of assets
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Under the latest circular of the central board of direct taxes, an accessing officer (AO) is instructed to follow the guidelines provided; for permitting the... Read More
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