https://www.taxtmi.com/highlights?id=58505 Taxability of interest income in the hands of Partner instead of Partnership firm - Allegation that assessee did not disclosed the receipt of Interest in his return of income - Since amount has already been offered for taxation in the hands of the firm, the said amount to be taxed in the hands of the individual partner i.e. assessee would amount to double taxation, which is not permissible under law. - AT en-us Fri, 25 Jun 2021 14:05:24 +0530 Fri, 25 Jun 2021 14:05:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58505 Taxability of interest income in the hands of Partner instead of Partnership firm - Allegation that assessee did not disclosed the receipt of Interest in his return of income - Since amount has already been offered for taxation in the hands of the firm, the said amount to be taxed in the hands of the individual partner i.e. assessee would amount to double taxation, which is not permissible under law. - AT Highlights Income Tax Fri, 25 Jun 2021 14:05:24 +0530 https://www.taxtmi.com/highlights?id=58505