Sec. 40(ba) couldn’t be invoked if payment made by AOP to its members was mere reimbursement of exp.

IT: In order to invoke provisions of section 40(ba), payments should constitute 'share income from AOP' in hands of recipient member

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000182986/sec-40ba-couldn’t-be-invoked-if-payment-made-by-aop-to-its-members-was-mere-reimbursement-of-exp.aspx