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Redesigned taxation upon exit from Partnership Firm – New jeopardy for taxpayers?
This week’s podcast focuses on the redesigned taxation upon exit from partnership firms by introduction of Section 9B and substitution of Section 45(4) in the Income-tax Act vide Finance Act 2021.
Audio Source: An article published on the L&S website in May 2021: https://www.lakshmisri.com/insights/articles/redesigned-taxation-upon-exit-from-partnership-firm-new-jeopardy-for-taxpayers/#
Authors: Harshit Khurana, Sr. Associate (L&S), and Devashish Jain, Associate (L&S)
Voice: Gunmeher Juneja, Principal Associate (L&S)
www.lakshmisri.com
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By Lakshmikumaran & Sridharan Attorneys.This week’s podcast focuses on the redesigned taxation upon exit from partnership firms by introduction of Section 9B and substitution of Section 45(4) in the Income-tax Act vide Finance Act 2021.
Audio Source: An article published on the L&S website in May 2021: https://www.lakshmisri.com/insights/articles/redesigned-taxation-upon-exit-from-partnership-firm-new-jeopardy-for-taxpayers/#
Authors: Harshit Khurana, Sr. Associate (L&S), and Devashish Jain, Associate (L&S)
Voice: Gunmeher Juneja, Principal Associate (L&S)
www.lakshmisri.com
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