https://www.taxtmi.com/caselaws?id=56346 The Tribunal upheld the CIT(A)'s decision to include income from AOPs in the individual's total income for rate purposes only, based on the provisions of s. 167A of the IT Act, 1961. The Tribunal clarified that s. 167A deems each member of the AOP to be entitled to an equal share of the income, necessitating inclusion in total income. Despite Revenue's arguments, the Tribunal found the legislative intent clear and dismissed the appeal, emphasizing the applicability of s. 167A over s. 86(v) in taxing income from AOPs. en-us Tue, 02 Apr 1991 00:00:00 +0530 Fri, 03 Dec 2010 12:01:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56346 The Tribunal upheld the CIT(A)'s decision to include income from AOPs in the individual's total income for rate purposes only, based on the provisions of s. 167A of the IT Act, 1961. The Tribunal clarified that s. 167A deems each member of the AOP to be entitled to an equal share of the income, necessitating inclusion in total income. Despite Revenue's arguments, the Tribunal found the legislative intent clear and dismissed the appeal, emphasizing the applicability of s. 167A over s. 86(v) in taxing income from AOPs. Case-Laws Income Tax Tue, 02 Apr 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56346