Case Law Details
Case Name : CIT Vs Vaish Associates (Delhi High Court)
Related Assessment Year : 2009-10
Courts :
All High Courts Delhi High Court
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Facts of the Case
The respondent Assessee was a partnership firm carrying out profession of law initially constituted with three partners Smt. Manju Vaish, Smt. Kali Vohra and Mr. Vinay Vaish. With effect from 1st April 2006 Smt. Manju Vaish and Smt. Kali Vohra retired from the partnership and Mr. Ajay Vohra and Mr. Bomi F. Daruwala joined the partnership. Afresh retirement-cum-partnership deed was executed on 22ndJune 2008 and made effective from 1stApril 2006. Clause 6(a) of the said deed reads as under:
“Each Partner shall be entitled to an annual salary equivalent to his percentage shar...
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Vaish Associates Advocates is most unethical, unprofessional and cheap firm in India especially there partner Rupesh Jain