Director definition equates director to partner or controlling member for firms and associations under income tax law. Definition of Director for section 278B treats the term functionally: for a firm, Director means the partner; for an association of persons or body of individuals, Director means any member controlling the affairs of that entity, thereby aligning tax responsibility with persons who exercise control in non-corporate entities.
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Provisions expressly mentioned in the judgment/order text.
Director definition equates director to partner or controlling member for firms and associations under income tax law.
Definition of Director for section 278B treats the term functionally: for a firm, Director means the partner; for an association of persons or body of individuals, Director means any member controlling the affairs of that entity, thereby aligning tax responsibility with persons who exercise control in non-corporate entities.
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