https://www.taxtmi.com/highlights?id=62452 Revision u/s 264 - requirement to get accounts audited u/s 44AB - determination of turnover - inclusion of remuneration from the partnership firm in the gross receipt from from the profession (in the hands of partner) - the assessee who was an individual in that case was not carrying on any business and the remuneration and interest received by the assessee from the partnership firm cannot be termed to be a turn over of the assessee (individual). - HC en-us Tue, 15 Mar 2022 16:07:46 +0530 Tue, 15 Mar 2022 16:07:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=62452 Revision u/s 264 - requirement to get accounts audited u/s 44AB - determination of turnover - inclusion of remuneration from the partnership firm in the gross receipt from from the profession (in the hands of partner) - the assessee who was an individual in that case was not carrying on any business and the remuneration and interest received by the assessee from the partnership firm cannot be termed to be a turn over of the assessee (individual). - HC Highlights Income Tax Tue, 15 Mar 2022 16:07:46 +0530 https://www.taxtmi.com/highlights?id=62452