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Income Tax - Highlights / Catch Notes

Home Highlights July 2019 Year 2019 This

income of the JV as AOP - formed to secure the work, and after ...

Case Laws     Income Tax

July 16, 2019

income of the JV as AOP - formed to secure the work, and after that, there was no involvement in the execution of the work which was done by member - members of the JV have disclosed the entire income which was originally received by JV in their books of accounts and income tax returns who are chargeable to tax at the maximum marginal rate - no addition in the hands of the assessee(JV)

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