Tax treatment of negative partner's capital on retirement from the firm
Hardik (Professional) (918 Points)
29 October 2019Hardik (Professional) (918 Points)
29 October 2019
Niteesh Sinha
(other)
(290 Points)
Replied 29 October 2019
Being loss of capital nature, it cannot be set off with other income.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)