Suppose during the FY a firm sells a land to 3rd party and during the same year the firm dissolves
What Tax consequences will be attracted on both the firm and the partners at time of sale of land and at time of dissolution ?
If capital gain Tax is paid by the firm on sale of land then will it again be taxable in hands of partner when the dissolution takes place?
Menu
Partnership firm and partner taxation
Replies (3)
Quick Summary
Then will it again be taxable in hands of partner when the dissolution takes place?
-> No.
-> No.
Is he the sole partner???
@ My Dear Great Mr Sabyasachi Mukherjee Sir,
What You mean for " Is he the sole partner???"...???
Please explain this word "Sole Partner"
What You mean for " Is he the sole partner???"...???
Please explain this word "Sole Partner"
Recent Topics :
- Transport agency accounting entry in purchase &
- REGARDING HSN CODE FOR WASHING JOB CHARGES
- Advance Tax Due Date 2026
- Query – Interest on Capital Received by Part
- Query - Section 164(2)(a) – Interpretation o
- Submission for Expert Opinion on Rectification of
- NRI since March 2023 – resident savings acco
- My All-Time Top 15 Indian Web Series
- Wrong date of invoice
- Paper 6 - IBS
Related Topics :
CAclubindia
