<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Partnership Firm Cleared of Unexplained Investment Charge u/s 69 Due to Timing of Deed Execution.</title>
    <link>https://www.taxtmi.com/highlights?id=44646</link>
    <description>Undisclosed investment u/s.69 - Since, the partnership deed is subsequent to the date of purchase of land, the partnership firm by no means could have made investment for purchase of land. Consequently, no addition on account of unexplained investment in land purchased prior to existence of assessee (partnership firm) could have been made, not even on protective basis.</description>
    <language>en-us</language>
    <pubDate>Thu, 21 Feb 2019 14:44:29 +0530</pubDate>
    <lastBuildDate>Thu, 21 Feb 2019 14:44:29 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=559256" rel="self" type="application/rss+xml"/>
    <item>
      <title>Partnership Firm Cleared of Unexplained Investment Charge u/s 69 Due to Timing of Deed Execution.</title>
      <link>https://www.taxtmi.com/highlights?id=44646</link>
      <description>Undisclosed investment u/s.69 - Since, the partnership deed is subsequent to the date of purchase of land, the partnership firm by no means could have made investment for purchase of land. Consequently, no addition on account of unexplained investment in land purchased prior to existence of assessee (partnership firm) could have been made, not even on protective basis.</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Thu, 21 Feb 2019 14:44:29 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=44646</guid>
    </item>
  </channel>
</rss>