https://www.taxtmi.com/caselaws?id=395105 The Tribunal allowed the appeal of the assessee, holding that the share income received from a society should not be taxed again in the hands of individual members to avoid double taxation. The Tribunal found that the income of the society had already been taxed separately, and therefore, the claim of deduction u/s 80IAB had reached finality in the hands of the society. The Tribunal set aside the order of the CIT(A), deleted the addition made by the AO, and ruled in favor of the assessee to prevent double taxation. en-us Fri, 28 Feb 2020 00:00:00 +0530 Wed, 06 May 2020 06:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395105 The Tribunal allowed the appeal of the assessee, holding that the share income received from a society should not be taxed again in the hands of individual members to avoid double taxation. The Tribunal found that the income of the society had already been taxed separately, and therefore, the claim of deduction u/s 80IAB had reached finality in the hands of the society. The Tribunal set aside the order of the CIT(A), deleted the addition made by the AO, and ruled in favor of the assessee to prevent double taxation. Case-Laws Income Tax Fri, 28 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395105