Scope of working partner within the meaning of Explanation 4 to ...

Assessing Officer Rules Individual Not a Working Partner Under Explanation 4, Section 40(b) of Income Tax Act.

November 11, 2015

Case Laws Income Tax AT

Scope of working partner within the meaning of Explanation 4 to Section 40(b)? - the assessee is not a partner of the firm - He is only representing the actual partner. Accordingly, AO was justified in holding that the assessee cannot be considered as working partner - AT

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Scope of working partner within the meaning of Explanation 4 to ...

Assessing Officer Rules Individual Not a Working Partner Under Explanation 4, Section 40(b) of Income Tax Act.

November 11, 2015

Case Laws Income Tax AT

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