https://www.taxtmi.com/caselaws?id=376871 The Tribunal allowed the appeals of the assessees in both cases (ITA Nos.1028 & 1029/PUN/2017) concerning the assessment of sale consideration in the hands of individual partners for taxation in a partnership firm. The Tribunal held that since the transaction was conducted by the partnership firm and the income was already offered to tax by the firm, the amount should not be taxed in the hands of individual partners. The orders were pronounced on 07th March 2019. en-us Thu, 07 Mar 2019 00:00:00 +0530 Sat, 16 Mar 2019 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376871 The Tribunal allowed the appeals of the assessees in both cases (ITA Nos.1028 & 1029/PUN/2017) concerning the assessment of sale consideration in the hands of individual partners for taxation in a partnership firm. The Tribunal held that since the transaction was conducted by the partnership firm and the income was already offered to tax by the firm, the amount should not be taxed in the hands of individual partners. The orders were pronounced on 07th March 2019. Case-Laws Income Tax Thu, 07 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376871