High Court directs Tribunal to refer assessability of income from members under Income-tax Act

The High Court of Delhi directed the Tribunal to refer the question of law on the assessability of income received by the assessee from its members under section 11 of the Income-tax Act, 1961 for interpretation.

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The High Court of Delhi delivered a judgment regarding the interpretation of section 11 of the Income-tax Act, 1961. The court directed the Tribunal to refer the question of law regarding the assessability of income received by the assessee from its members under section 11 to the court.

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