Transfer of assets of partnership firm among the partners on retirement not subject to Capital Gains Tax
As is renowned in income-tax forums, there is a lot of disagreement regarding the interpretation of section 45(4) of the Income-Tax Act, 1961. As per section... Read More
dissolution of partnership
Process of Dissolution of partnership Firm
3 min read
If any of a partner in a firm wants to relive his shares, he can dissolve his partnership. In such circumstances, if any one member... Read More
Reporting of Foreign Assets by Indian Taxpayers under Section 139(1) of the Income Tax Act 
Major Changes Expected in Direct Tax Code 2025 and why these matter 
Can an assessee pay House Rent to his parents and claim relief? Would there be any legal complications? 
Boost Your Business & Reduce Taxes: A Guide to Maximizing Benefits Under Section 80JJAA