(b) Distributions in liquidation The idea of residence (in addition to revenue) dispersed by a partnership to the lover in liquidation of the spouse’s interest shall be an total equal to the adjusted basis of these lover’s curiosity while in the partnership reduced by any revenue dispersed in the exact same transaction.?When the preceding sente

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Due to the fact payment of Rs. three,50,000/- is made by cash, it shall not be regarded as A part of genuine expense of plant and equipment. The actual cost of plant and machinery shall be taken to become NIL and NIL shall be added to WDV of Block of property.Capital asset in respect of which deduction permitted under 35AD is considered to generall

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