TMI BlogAssessment of Firm as AOP - in terms of section 167 the share of the members of AOP are indeterminate -...Assessment of Firm as AOP - in terms of section 167 the share of the members of AOP are indeterminate - In such case the whole of the income of such an AOP is to be taxed at the maximum marginal rate, as being an AOP with indeterminate share - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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