{"id":28450,"date":"2022-07-16T05:58:29","date_gmt":"2022-07-16T00:28:29","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=28450"},"modified":"2022-07-16T05:58:29","modified_gmt":"2022-07-16T00:28:29","slug":"withdrawal-of-stock-in-trade-by-partner","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/withdrawal-of-stock-in-trade-by-partner\/","title":{"rendered":"withdrawal of stock in trade by partner"},"content":{"rendered":"<p>If any partner withdraws an item of stock in trade of a builder firm [say 1 flat] at cost, what are tax implication on firm and partner both ?<br \/>\n43CA\/56[2]x are applicable ?<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[33],"qa_category":[23],"qa_tag":[540,614],"class_list":["post-28450","qa","type-qa","status-publish","hentry","qa_expert-advocate-shashi-ashok-bekal","qa_category-income-tax","qa_tag-partner","qa_tag-stock-in-trade"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/28450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/qa"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=28450"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=28450"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=28450"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=28450"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=28450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}