Wednesday, July 21, 2021

Partner’s share in firm’s profit is exempt to extent sum credit to capital account: ITAT

INCOME TAX : Share income from firm received by partner would be exempt under section 10(2A) and under no circumstances could be taxed in hands of partner

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000314685/partner’s-share-in-firm’s-profit-is-exempt-to-extent-sum-credit-to-capital-account-itat.aspx
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