Partnerships must value stock at market price when distributing or withdrawing it during business termination. https://www.taxtmi.com/highlights?id=24739 Valuation of stock - partnership firm - when stock in trade is distributed or withdrawn at the termination of when stock in trade is distributed or withdrawn at the termination of business, they have to be value at the market price - AT en-us Tue, 15 Sep 2015 07:33:19 +0530 Tue, 15 Sep 2015 07:33:19 +0530 TaxTMI RSS Generator Partnerships must value stock at market price when distributing or withdrawing it during business termination. https://www.taxtmi.com/highlights?id=24739 Valuation of stock - partnership firm - when stock in trade is distributed or withdrawn at the termination of when stock in trade is distributed or withdrawn at the termination of business, they have to be value at the market price - AT Highlights Income Tax Tue, 15 Sep 2015 07:33:19 +0530 https://www.taxtmi.com/highlights?id=24739