TMI BlogIncome Tax Dispute: Firm's Role as Representative Excludes Partnership Taxation on Managed Companies' Income.The assessee firm which is only a representative of these companies and is carrying out its obligation for filing of the return of income as well as managing the entire affairs - Income per-se cannot be taxed in the hands of the assessee as a partnership firm but as a representative of these two companie - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
|