https://www.taxtmi.com/caselaws?id=2089 The court ruled in favor of the assessee, holding that the income received by the sub-partnership from the parent firm is exempt under Section 10(2A) of the Income-tax Act. It concluded that the sub-partnership should be deemed a partner in the main partnership to avoid double taxation. The court emphasized interpreting the provisions of the Act to prevent double taxation and align with legislative intent, setting aside the Income-tax Appellate Tribunal's order. en-us Wed, 29 Aug 2007 00:00:00 +0530 Mon, 13 Jun 2011 19:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=2089 The court ruled in favor of the assessee, holding that the income received by the sub-partnership from the parent firm is exempt under Section 10(2A) of the Income-tax Act. It concluded that the sub-partnership should be deemed a partner in the main partnership to avoid double taxation. The court emphasized interpreting the provisions of the Act to prevent double taxation and align with legislative intent, setting aside the Income-tax Appellate Tribunal's order. Case-Laws Income Tax Wed, 29 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=2089