Cash Repayment of Entire Outstanding Capital upon Retirement

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..... Dear All, My query is mentioned below: Upon retirement, whether outgoing partner be paid his entire outstanding capital in cash? Whether any disallowance under section 40A(3) or under any othe .....

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..... r provision shall be attracted or not. The amount is ₹ 15,00,000 /- Please reply with Reference Notification / Circular Case Law. Thanks Ravi Karda - Cash Repayment of Entire Outstand .....

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..... ing Capital upon Retirement - Query Started By: - Ravi Karda Dated:- 14-2-2015 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Manageme .....

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..... nt India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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