Hi friends. My question is, dissolution of a partnership form is taxable.
Some assets are there in partnership form, after the dissolution those others are taken by their partners itself, is that transaction is taxable or not. As per partnership.
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Disolution of Patnership
Replies (3)
yes it'll attract capital gains tax in the hands of partnership firm
anything received by the partner from the partnership firm even if any salary, interest,remuneration shall be chargeable under head of. pgbp...
| Originally posted by : rama krishnan | ||
 |
yes it'll attract capital gains tax in the hands of partnership firm |  |
Except depreciable assets.
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