Disolution of Patnership


Ca_Articalship

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.
 
Reply   
 

yes it'll attract capital gains tax in the hands of partnership firm
 
Reply   
 
Student

anything received by the partner from the partnership firm even if any salary, interest,remuneration shall be chargeable under head of. pgbp...
 
Reply   
 
Financial advisor

Originally posted by : rama krishnan
yes it'll attract capital gains tax in the hands of partnership firm

Except depreciable assets.

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU