https://www.taxtmi.com/caselaws?id=69628 The Tribunal ruled in favor of the partnership firm in a tax dispute concerning the assessment of a non-resident partner's share income. It held that the tax calculation should be based solely on the share income from the firm and not include other individual incomes of the partner. By interpreting relevant provisions of the Income-tax Act, the Tribunal emphasized the distinction between assessing share income alone versus considering total income for tax purposes. It concluded that only the share income from the firm should be assessed on the non-resident partner for tax determination, setting aside the department's orders and directing reassessment based on the share income alone. en-us Tue, 01 Dec 1981 00:00:00 +0530 Mon, 11 Apr 2011 11:13:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69628 The Tribunal ruled in favor of the partnership firm in a tax dispute concerning the assessment of a non-resident partner's share income. It held that the tax calculation should be based solely on the share income from the firm and not include other individual incomes of the partner. By interpreting relevant provisions of the Income-tax Act, the Tribunal emphasized the distinction between assessing share income alone versus considering total income for tax purposes. It concluded that only the share income from the firm should be assessed on the non-resident partner for tax determination, setting aside the department's orders and directing reassessment based on the share income alone. Case-Laws Income Tax Tue, 01 Dec 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69628