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Income Tax - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

Liability to pay tax - Taxable in the hands of partner or ...


Tax Liability Falls on Individual Assessee for Interest Income and Contracts Executed in Their Name, Not Partnership Firm.

April 6, 2017

Case Laws     Income Tax     AT

Liability to pay tax - Taxable in the hands of partner or Partnership Firm - the assessee has received interest and executed contracts in his name and TDS made on the interest is credited in the name of the assessee - to be taxed in his hand - AT

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