https://www.taxtmi.com/caselaws?id=773435 An LLP partner was entitled to exemption on share of profit received from a partnership firm under section 10(2A) because the firm had already been assessed to tax and had distributed post-tax profits. As the assessee LLP was shown as a partner in the registered deed and received its share accordingly, exemption could not be denied merely on the ground that the recipient was an LLP. The denial of exemption was set aside. en-us Fri, 20 Jun 2025 00:00:00 +0530 Mon, 23 Jun 2025 08:42:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773435 An LLP partner was entitled to exemption on share of profit received from a partnership firm under section 10(2A) because the firm had already been assessed to tax and had distributed post-tax profits. As the assessee LLP was shown as a partner in the registered deed and received its share accordingly, exemption could not be denied merely on the ground that the recipient was an LLP. The denial of exemption was set aside. Case-Laws Income Tax Fri, 20 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773435