https://www.taxtmi.com/caselaws?id=57506 The tribunal dismissed the appeal, upholding the denial of rebate under section 86(v) on the specific portion of income not subjected to tax in the hands of the assessee, a member of multiple AOPs. The decision highlighted the distinction between discretionary and specific income portions from AOPs and their tax implications, emphasizing the need for accurate tax assessment. The judgment reinforced the importance of understanding tax treatment for various income components from AOPs, providing a detailed analysis of relevant provisions and tax law application in determining the assessee's liability. en-us Mon, 04 Sep 1995 00:00:00 +0530 Fri, 10 Dec 2010 15:23:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57506 The tribunal dismissed the appeal, upholding the denial of rebate under section 86(v) on the specific portion of income not subjected to tax in the hands of the assessee, a member of multiple AOPs. The decision highlighted the distinction between discretionary and specific income portions from AOPs and their tax implications, emphasizing the need for accurate tax assessment. The judgment reinforced the importance of understanding tax treatment for various income components from AOPs, providing a detailed analysis of relevant provisions and tax law application in determining the assessee's liability. Case-Laws Income Tax Mon, 04 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57506