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Tr of motor car to partner on his retirement

(Querist) 28 August 2013 This query is : Resolved 
Can a firm allowed to sale or transfer motor car to retired partner? If yes, what will be tax effect to firm for VAT and income tax?
R.K Nanda (Expert) 28 August 2013
contact tax lawyer.
Rajendra K Goyal (Expert) 29 August 2013
Academic query.


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