The Ahmedabad bench of the Income Tax Appellate Tribunal (ITAT) has held that interest/ salary received by a partner from a firm is not assessable as “other income”. Rashmin Ramniklal Vora, the assessee challenged the order passed by the CIT(Appeals)-5, Ahmedabad on 24.12.2018 for A.Y. 2015-16 on the ground that the order is bad in…
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