Cash Repayment of Entire Outstanding Capital upon Retirement

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..... Cash Repayment of Entire Outstanding Capital upon Retirement
Query (Issue) Started By: - Ravi Karda Dated:- 14-2-2015 Income Tax
Income Tax
Dear All, My query is mentioned below: Upon reti .....

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..... rement, whether outgoing partner be paid his entire outstanding capital in cash? Whether any disallowance under section 40A(3) or under any other provision shall be attracted or not. The amount is  .....

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..... 377; 15,00,000 /- Please reply with Reference Notification / Circular Case Law. Thanks Ravi Karda
Discussion Forum - Knowledge Sharing .....

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