PR COMMISSIONER OF INCOME TAX vs. M/S IND SING DEVELOPERS P LTD
The appeal is dismissed
ITA/541/2015HC Karnataka02 Mar 2016
Bench: B.V.NAGARATHNA,JAYANT PATEL
Section 167BSection 2(31)Section 2(47)Section 260Section 3Section 4Section 67A
167B of the Act. The taxation of the members
of the AOP is dealt with under Section 67A of
the Act. If the income of the members exceed
the maximum amount which is not chargeable
to tax then the total income of AOP is to be
taxed at maximum marginal rate. By virtue of
Section 86 read with Section
