https://www.taxtmi.com/caselaws?id=466759 Where an AOP has disallowed interest in its return and added it back to total income under the tax law, the same interest should not be taxed again in the hands of an individual member because that would produce duplicate taxation; the correct remedy is for the Assessing Officer to verify the AOP's return to confirm the disallowance or offer of the interest and, if confirmed, delete the corresponding entry from the member's assessment. The record contained no contrary evidence to displace the asserted factual treatment by the AOP, and the matter is restored to the AO for verification and adjustment. en-us Tue, 25 Feb 2025 00:00:00 +0530 Wed, 18 Feb 2026 20:11:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466759 Where an AOP has disallowed interest in its return and added it back to total income under the tax law, the same interest should not be taxed again in the hands of an individual member because that would produce duplicate taxation; the correct remedy is for the Assessing Officer to verify the AOP's return to confirm the disallowance or offer of the interest and, if confirmed, delete the corresponding entry from the member's assessment. The record contained no contrary evidence to displace the asserted factual treatment by the AOP, and the matter is restored to the AO for verification and adjustment. Case-Laws Income Tax Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466759