https://www.taxtmi.com/forum/issue?id=108016 Whether an outgoing partner may be paid his entire outstanding capital in cash on retirement and whether such payment attracts disallowance under section 40A(3) or any other tax provision is the central issue; the query asks for authority, circulars or case law and highlights permissibility, applicability of disallowance rules, and related documentation and compliance considerations. en-us Sat, 14 Feb 2015 13:31:20 +0530 Thu, 23 Jan 2025 15:57:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=108016 Whether an outgoing partner may be paid his entire outstanding capital in cash on retirement and whether such payment attracts disallowance under section 40A(3) or any other tax provision is the central issue; the query asks for authority, circulars or case law and highlights permissibility, applicability of disallowance rules, and related documentation and compliance considerations. Discussion-Forum Income Tax Sat, 14 Feb 2015 13:31:20 +0530 https://www.taxtmi.com/forum/issue?id=108016