https://www.taxtmi.com/caselaws?id=307093 The Tribunal allowed the Assessee's appeals, determining that the consortium with TODDI does not form an Association of Persons (AOP) and income should be assessed under Section 44BB. The Assessee's appeal was deemed maintainable, procedural compliance was acknowledged, and credit for taxes deducted at source was directed to be allowed. The imposition of interest and penalties was deemed unwarranted, aligning with previous assessments favoring the Assessee. en-us Wed, 24 Oct 2018 00:00:00 +0530 Fri, 17 Mar 2023 21:47:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307093 The Tribunal allowed the Assessee's appeals, determining that the consortium with TODDI does not form an Association of Persons (AOP) and income should be assessed under Section 44BB. The Assessee's appeal was deemed maintainable, procedural compliance was acknowledged, and credit for taxes deducted at source was directed to be allowed. The imposition of interest and penalties was deemed unwarranted, aligning with previous assessments favoring the Assessee. Case-Laws Income Tax Wed, 24 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307093