PARTNERSHIP DISSOLUTION
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 January 2011
TELL ME ABOUT THE LEGAL REQUIREMENT FOR THE DISSOLUTION OF PARTNERSHIP FIRM IN TAXATION AND OTHER RELEVANT MATTER.
12 January 2011
In such case, Dissolution Deed is the most
important document in which disposal of various assets and liabilities are distributed in between the partners.
In case the fixed assets are transferred to the partners, fair market value of such assets shall be considered for the purpose of Capital Gains.
important document in which disposal of various assets and liabilities are distributed in between the partners.
In case the fixed assets are transferred to the partners, fair market value of such assets shall be considered for the purpose of Capital Gains.
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