https://www.taxtmi.com/caselaws?id=436916 The Appellate Tribunal upheld the Assessing Officer's jurisdiction to assess the entire income of a dissolved partnership firm as undisclosed income for the Assessment Year 2016-17. The Tribunal found that the interest income from a bank FDR, utilized by the firm post-dissolution, could be assessed in the firm's hands. Additionally, the Tribunal ruled that no violation of natural justice occurred in the proceedings. The appeal was dismissed, with the judgment delivered by SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER, and MS. ASTHA CHANDRA, JUDICIAL MEMBER. en-us Thu, 20 Apr 2023 00:00:00 +0530 Mon, 24 Apr 2023 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436916 The Appellate Tribunal upheld the Assessing Officer's jurisdiction to assess the entire income of a dissolved partnership firm as undisclosed income for the Assessment Year 2016-17. The Tribunal found that the interest income from a bank FDR, utilized by the firm post-dissolution, could be assessed in the firm's hands. Additionally, the Tribunal ruled that no violation of natural justice occurred in the proceedings. The appeal was dismissed, with the judgment delivered by SHRI SHAMIM YAHYA, ACCOUNTANT MEMBER, and MS. ASTHA CHANDRA, JUDICIAL MEMBER. Case-Laws Income Tax Thu, 20 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436916