TMI Blogregarding capital contribution to firmX X X X Extracts X X X X X X X X Extracts X X X X ..... assessee contributed his house along with land to a firm which was now transferd (not registered) to firm by partenership deed. in furtherance of partenrship deed firm demolished the same for purpose ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of making commercial complex.After an year there was dispute in partners the land (only one roof constructed) was again taken over by the assesse partner. can now the partner be taxed u/s 45(3) of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the act where possession was again taken back. kindly guide - Reply By CA GOPALJI AGRAWAL - The Reply = As per section 2(47)(vI) , your transaction falls under section 45(3) , but the facts of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the case may allow to plan otherwise under the circumstances. - regarding capital contribution to firm - Query Started By: - SARVESH BALDI Dated:- 2-3-2013 Income Tax - Got 1 Reply - Income Tax - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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