The Income Tax Appellate Tribunal ( ITAT ), Pune bench has held that the partners cannot be taxed for transaction made by the Firms. The assessees are partners of a Firm. The assessees were aggrieved by the order of the Assessing Officer wherein they were assessed for the sale consideration received by the Firm. The […]
The post Partners can’t be Taxed for the Transaction made by Firm: ITAT [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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