TMI BlogTaxing the right person - land transaction done by the partnership firm - assessment in the hands of...Taxing the right person - land transaction done by the partnership firm - assessment in the hands of partners or partnership firm - sale consideration received by partnership firm is reflected in their books of account and also offered for taxation - tax in the he hands of the individual partners as ultimate beneficiary is not permissible. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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