Withdrawal in cash from partners capital account by partner
This query is : Open
26 September 2026
A PARTNER HAVE HAVE CREDIT BALANCE IN HIS CAPITAL ACCOUNT RS.1500000 . HE WANTS TO WITHDRAW IN CASH FOR HIS PRIVATE PURPOSE RS.400000. IS IT PERMISSIBLE UNDER SECTION 269SS,269T AND 269ST OF INCOME TAX ACT
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