Supreme court puts an end to large tax evasion through partnership firms

FCS Deepak Pratap Singh , Last updated: 07 December 2022  
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As you are aware that people are utilizing Partnership Model to evade tax payment on transfer of properties. The trick used till date was holding Real Estate Assets in the name of Partnership Firm, revaluing the assets to current market price, bringing the new partners, who will infuse cash in the f

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Published by

FCS Deepak Pratap Singh
(Associate Vice President - Secretarial & Compliance (SBI General Insurance Co. Ltd.))
Category Income Tax   Report

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