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![Payment to Retiring Partners and Legal Heirs of deceased Partners by Law Firm as per Deed is excludible from Total Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/07/Retiring-Partners-Mulla-Taxscan.jpg "Payment to Retiring Partners and Legal Heirs of deceased Partners by Law Firm as per Deed is excludible from Total Income: ITAT [Read Order]")
Payment to Retiring Partners and Legal Heirs of deceased Partners by Law Firm as per Deed is excludible from Total Income: ITAT [Read Order]
While granting tax relief to a leading law firm in India, the Income Tax Appellate Tribunal (ITAT), Mumbai bench has held that the payment made by the...
![Properties obtained by Retiring Partners through Family Arrangement not attract Capital Gain Tax: Madras HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/01/Partners-Taxscan.jpg "Properties obtained by Retiring Partners through Family Arrangement not attract Capital Gain Tax: Madras HC [Read Judgment]")
![Capital Gain u/s 45(4) does not attract on Admission or Retirement of Partners: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Partners-Taxscan-1.jpg "Capital Gain u/s 45(4) does not attract on Admission or Retirement of Partners: ITAT [Read Order]")