Where the constituent participants make a JV to secure a ...

Joint Venture Not Taxable as Association of Persons When Acting as Pass-Through for Contract with Minimal Expenses.

February 10, 2018

Case Laws Income Tax AT

Where the constituent participants make a JV to secure a contract, which is merely a pass through entity with minimal expenses, no tax liability cab be attributed by holding the subject entity JV as AOP. No net profit on % bases can be taxed as has been done in this case - AT

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Where the constituent participants make a JV to secure a ...

Joint Venture Not Taxable as Association of Persons When Acting as Pass-Through for Contract with Minimal Expenses.

February 10, 2018

Case Laws Income Tax AT

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