Friday, April 1, 2011

DT Recent Case Laws - CIT v.George & M.Syed Alavi 2009 (Ker)

CIT v.George &M.Syed Alavi2009(Ker)
The accounts,seized from persons,were mutually complementary &were proof of their joint investments in slaughter tapping &sharing of profit on sale of Latex&Timber.
It is justified to tax in the hands of AOP bcoz Status of AOP need not to b proved through written agreement.

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