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Posts tagged "Rule 8AB of the Income Tax Rules"

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Tag: Rule 8AB of the Income Tax Rules

Income Tax

Taxation of partnership firm under section 9B and section 45(4) of the Income-tax Act, 1961: Applicability with Examples

July 7, 2021 0 Comments
Taxation of partnership firm under section 9B and section 45(4) of the Income-tax Act, 1961: Applicability with Examples     Finance Act, 2021 inserted a new section 98 in the Income-tax Act 1961 (hereinafter referred to as “the Act”). This section ...
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IT Judgement

Guidelines for taxation of partnership firms on its reconstitution in respect of the provisions of section 9B and section 45(4): A Short overview

July 6, 2021 0 Comments
Guidelines for taxation of partnership firms on its reconstitution in respect of the provisions of section 9B and section 45(4): A Short overview     Section 9B provides for taxation of income of the firm on the transfer of capital assets & ...
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