This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
LLP Cleared of Section 68 Additions Due to Proven Partner Funds
Case Law Details
- Case Name
- ACIT Vs Gurkirat BPO Services LLP (ITAT Delhi)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2017-18
- Courts
- All ITAT, ITAT Delhi
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
CIT Vs Gurkirat BPO Services LLP (ITAT Delhi)
Delhi ITAT Upholds Deletion of ₹13.16 Cr u/s 68: Capital & Loans from Partner / Relative Cannot Be Taxed in Firm’s Hands
Partner’s Capital & Relative’s Loan: Add in Their Hands, Not LLP’s- Once Partner Owns Up, Firm Walks Free: Delhi ITAT Reiterates Metachem Rule- Source of Source Explained—Section 68 Can’t Be Invoked in Firm’s Hands-
Delhi ITAT ‘C’ Bench in ACIT Vs. Gurkirat BPO Services LLP [ITA No. 697/Del/2025, AY 2017-18, order dated 31.12.2025] dismissed Revenue’s appeal and upheld deletion of ...
Author Info
