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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Assessment as AOP or not - income arising from the DMRC contract ...


Income from DMRC contract not taxable for AOP; individual members responsible for their own income tax assessment.

June 1, 2016

Case Laws     Income Tax     AT

Assessment as AOP or not - income arising from the DMRC contract was not assessable to tax in the hands of AOP but each member of the AOP shall be separately assessable to income tax in their own capacity. - AT

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