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Trans of positive capital of one partner to another partner

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(Querist)
01 October 2010

My Quetion is that

is it possible to transfer one of partner positive capital account balance to another partner capital account having negative capital account balance, without giving any cash to other partner having positive capital balance?

whether AO may object this type of transaction?
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NITIN SHARMA

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NITIN SHARMA (Expert)
01 October 2010 no it is not possible without giving anything .

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