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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?
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R.K Nanda (Expert) 28 August 2013
contact tax lawyer.
Rajendra K Goyal (Expert) 29 August 2013
Academic query.

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