Sale of land - Assessment in hands of partnership firm v/s ...
Tax Liability for Land Sale Falls on Partnership Firm, Not Individual Partners: Court Ruling.
December 8, 2018
Case Laws Income Tax HC
Sale of land - Assessment in hands of partnership firm v/s partners - the assessee alone is liable to pay tax on the sale consideration. Therefore, the contention of the assessee on that issue also, cannot be accepted.
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