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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Double taxation of income in the hands of BCCI and Assessee, as ...

July 28, 2020

Case Laws     Income Tax     AT

Double taxation of income in the hands of BCCI and Assessee, as the member of AOP - it will be open to the AO of the appellant to reopen the case of the appellant and to decide whether the said payments received from BCCI can be taxed as income of the appellant which will be subject to our observations given on other issues raised in this appeal - income received by the appellant/assessee otherwise, except the club income, which has not been taxed at the hands of the BCCI, will be assessed as per the normal provisions of the Act. - AT

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