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Income Tax | Capital Withdrawals Before Firm Conversion Do Not Violate Section 47(xiii): Karnataka HC

19 Sept 2026 · 1d agoBy CA Vijayakumar Shetty

Karnataka HC holds pre-conversion partner withdrawals and ratio changes do not violate Section 47(xiii) where statutory succession conditions are met. The post Capital Withdrawals Before Firm Conversion Do Not Violate Section 47(xiii): Karnataka HC appeared first on TaxGuru .

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