Tax Implications on Reconstitution/Dissolution of a firm and Transfer of Assets to partners

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Reconstitution/Dissolution of firm? Transfer of Assets to partner? Wait!! Here are the tax implications Finance Act 2021 has made amendments to the provisions of the Income Tax Act, pertaining to the tax liability arising on distribution of assets by the *firm to its *partners on its reconstituti
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CA Sufiyan Ganodwala

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