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  • Circular No. 14/2021 Guidelines under section 9B and sub section (4) of section 45 of income tax act
Shristi Rajput
April 20, 2026

Submitted By: Shristi Rajput

Circular No. 14/2021 Guidelines under section 9B and sub section (4) of section 45 of income tax act

It clarifies the tax treatment of transfer of capital assets or money during reconstitution, dissolution, or retirement of partners/members in firms, AOPs, or BOIs, and explains how capital gains will be computed under the amended provisions.

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