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Tax on member of jv

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2012 Whether share of profit from JV is taxable in the hands of a member of a JV as the same is already taxed in JV.
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CA Ayush Agarwal

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CA Ayush Agarwal (Expert)
25 August 2012 If Share is Already Decided, Then It to be Taxable in Status of AOP Only.

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