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Cash Repayment of Entire Outstanding Capital upon Retirement

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....ash Repayment of Entire Outstanding Capital upon Retirement<br> Query (Issue) Started By: - Ravi Karda Dated:- 14-2-2015 Income Tax<br>Income Tax<br>Dear All, My query is mentioned below: Upon retir....

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....ement, whether outgoing partner be paid his entire outstanding capital in cash? Whether any disallowance under section 40A(3) or under any other provision shall be attracted or not. The amount is &#83....

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....77; 15,00,000 /- Please reply with Reference Notification / Circular Case Law. Thanks Ravi Karda<br> Discussion Forum - Knowledge Sharing ....