https://www.taxtmi.com/caselaws?id=70277 The judgment focused on the assessment of income from a contract in the hands of a firm versus an individual partner. The court determined that the income derived by the firm should be included only in the firm's total income, directing the Income Tax Officer to recompute the income for both the firm and the individual partner. Consequently, both appeals were allowed, with the firm's income being excluded from the individual partner's assessment. en-us Mon, 31 Dec 1990 00:00:00 +0530 Fri, 15 Apr 2011 11:45:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70277 The judgment focused on the assessment of income from a contract in the hands of a firm versus an individual partner. The court determined that the income derived by the firm should be included only in the firm's total income, directing the Income Tax Officer to recompute the income for both the firm and the individual partner. Consequently, both appeals were allowed, with the firm's income being excluded from the individual partner's assessment. Case-Laws Income Tax Mon, 31 Dec 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70277