Taxability og goodwill on induction of new partner
This query is : Resolved
26 December 2013
is goodwill created on induction of new partner...taxable in the hands of existing part ners ?
26 December 2013
Hi
can you enumerate the same with example.
Generally withdrawals of goodwill at the time of induction of new partner is not taxable.
Thanks//VaibhavJ
can you enumerate the same with example.
Generally withdrawals of goodwill at the time of induction of new partner is not taxable.
Thanks//VaibhavJ
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
OR add as source on Google news
- Acquisition of a society by a company
- EPF withdrawal before 5 years and Disclosure in ITR-2
- ITC Utilization on vehicle repair
- FORM 115BAC
- Clarification on ITR 3: Is Sl. No. 64 required for 44ADA income?
- 2.25 CRORE TRADER, NO CASH TRANSACTIONS,3CD APPLICABLE?
- Transfer of immovable property without consideration
- Transfer of partnership interest in LLP
- Investment guidance for NRI
- Depreciation Rates under Companies Act
- Rectification Return after 4 years
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- GST on Restaurant service
- Revision under Section 264 in The Income Tax Act, 1961
- TDS under section 195.
- Filing GST Returns after death of proprietor
- Registered Required in GST Act
- Switch over to Composition Scheme
- Gstr 9 and itc
Trending Online Classes
-
Input Tax Credit, GST refunds and Recovery of refunds- Roadblocks and way outs
CA Nipun Arora03 September 2025 -
GST LIVE Certification Course - 43rd Weekdays Batch(With Govt Certificate)
Industry Expert15 September 2025
OR add as source on Google news
CAclubindia
