Query related to Sec 9B of Income Tax Act 1961

saurabh pimparkhede (8 Points)

28 November 2021  

Hello I am CA Saurabh Pimparkhede.

I have a doubt in applicability of newly inserted sec 9B of income tax act.

In case addition of partner or retirement of partner in firm and reduction in share of other partner, what will be the status of taxation under sec 9B and how it will be taxed?