{"id":51355,"date":"2025-02-24T12:11:49","date_gmt":"2025-02-24T06:41:49","guid":{"rendered":"https:\/\/itatonline.org\/digest\/?post_type=qa&#038;p=51355"},"modified":"2025-02-24T12:11:49","modified_gmt":"2025-02-24T06:41:49","slug":"tax-implications-on-retirement-of-a-partner-with-debit-capital-balance","status":"publish","type":"qa","link":"https:\/\/itatonline.org\/digest\/qa\/tax-implications-on-retirement-of-a-partner-with-debit-capital-balance\/","title":{"rendered":"tax implications on retirement of a partner with debit capital balance"},"content":{"rendered":"<p>if a retiring partner retires with the debit capital in his name, the firm can claim capital loss. at the same time , whether the retiring partner will have to pay long-term capital gains tax\/ short-term capital gains tax? if so, how can it be saved?<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","qa_expert":[],"qa_category":[23],"qa_tag":[380],"class_list":["post-51355","qa","type-qa","status-publish","hentry","qa_category-income-tax","qa_tag-partnership-firm"],"acf":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa\/51355","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=51355"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=51355"}],"wp:term":[{"taxonomy":"qa_expert","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_expert?post=51355"},{"taxonomy":"qa_category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_category?post=51355"},{"taxonomy":"qa_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/qa_tag?post=51355"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}