Retirement from partnership firm - lump sum payment in ...

Retiring Partner's Lump Sum Payment for Relinquishing Partnership Rights is Taxed as Capital Gain.

October 19, 2011

Case Laws Income Tax AT

Retirement from partnership firm - lump sum payment in consideration of the retiring partner assigning or relinquishing his share or right in the partnership and its assets in favour of the continuing partners is transfer and liable to tax as capital gain .... - AT

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Retirement from partnership firm - lump sum payment in ...

Retiring Partner's Lump Sum Payment for Relinquishing Partnership Rights is Taxed as Capital Gain.

October 19, 2011

Case Laws Income Tax AT

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