Joint Venture Income: Individual Member's Share Prevents Double Taxation on Contract Receipts Under JV Consortium Rules.

Joint Venture Income: Individual Member's Share Prevents Double Taxation on Contract Receipts Under JV Consortium Rules. https://www.taxtmi.com/highlights?id=5855 Diversion of income - Joint venture - If each member of the JV offered the income derived from respective share of contract works in their hands it is not possible to tax the same contract receipt in the hands of the consortium of JV. - AT en-us Sun, 21 Oct 2012 00:08:26 +0530 Sun, 21 Oct 2012 00:08:26 +0530 TaxTMI RSS Generator Joint Venture Income: Individual Member's Share Prevents Double Taxation on Contract Receipts Under JV Consortium Rules. https://www.taxtmi.com/highlights?id=5855 Diversion of income - Joint venture - If each member of the JV offered the income derived from respective share of contract works in their hands it is not possible to tax the same contract receipt in the hands of the consortium of JV. - AT Highlights Income Tax Sun, 21 Oct 2012 00:08:26 +0530 https://www.taxtmi.com/highlights?id=5855