Imprest account not necessarily part of partner capital account as held by ITAT was without properly analysing evidence-HC
December 1, 2016
High Courts, Income Tax, Judgments
Imprest account not necessarily part of partner capital account as held by ITAT was based merely on partner’s statement without properly analysing the evidence-High Court ABCAUS Case Law Citation: ABCAUS 1068 (2016) (11) HC Brief Facts of the Case: The responding assessee was a partnership fir. The return …