ADDITIONS U/S 68 OF THE ACT PARTNERS’ CONTRIBUTIONS OF CAPITAL FOR BUSINESS OF FIRM-FIRM CANNOT BE CALLED UPON TO EXPLAIN SOURCE OF INCOME OF PARTNERS.

Apurva MaheswariLeave a Comment on ADDITIONS U/S 68 OF THE ACT PARTNERS’ CONTRIBUTIONS OF CAPITAL FOR BUSINESS OF FIRM-FIRM CANNOT BE CALLED UPON TO EXPLAIN SOURCE OF INCOME OF PARTNERS.

[2015] 370 ITR 212(T & AP) [IN THE TELANGANA AND ANDHRA PRADESH HIGH COURT] COMMISSIONER OF INCOME-TAX v. M. VENKATESWARA […]