Handbook on Taxation of Partnership Firms & Limited Liability Partnerships: Frequently Asked Questions Shashi Ashok Bekal

This unique/one-of-a-kind book covers 360 frequently asked questions (FAQs) on the contentious subject of Taxation of Partnership Firms & Limited Liability Partnerships. It is the only publication in the country that exhaustively deals with the new provisions of Section 9B and Section 45(4) of the Income-tax Act, 1961 & General Law.

This book will serve as a helpful reference and guide for Lawyers, Chartered Accountants, Tax Practitioners, Taxpayers, and the Officers of the Tax Department.

The Present Publication is the 2022 Edition, edited by Dr K. Shivaram & authored by Adv. Shashi Ashok Bekal, with the following noteworthy features:

• [360 Frequently Asked Questions] on taxation of Partnership Firms & Limited Liability Partnerships
• [Exhaustive Coverage] The book is divided into 24 Chapters viz:
• Admission of a Partner
• Dissolution of a Partnership Firm
• Reconstitution of a Partnership Firm, etc.
• [Case Study] To provide clarity on Section 9B and Section 45(4), the following case studies are included in this book:
• Application of Section 45(4) of the Income-tax Act
• Application of Section 9B & Section 45(4) of the Income-tax Act
• Computation of Capital Gain tax under Section 45(4) of the Income-tax Act; Attribution of