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![AO Must Probe Partners Creditworthiness, not the Firms, when Capital Contribution is in Doubt: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/AO-Creditworthiness-Capital-Contribution-taxscan.jpg "AO Must Probe Partners Creditworthiness, not the Firms, when Capital Contribution is in Doubt: ITAT [Read Order]")
AO Must Probe Partner's Creditworthiness, not the Firm's, when Capital Contribution is in Doubt: ITAT [Read Order]
The Ahmedabad Bench of Income Tax Appellate Tribunal ( ITAT )Â ruled that the Assessing Officer ( AO ) must probe the creditworthiness of the...
![Firm cannot be Assessed for Unexplained Cash Credits in respect of Capital introduction by It’s Partner: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/01/Partners-Taxscan.jpg "Firm cannot be Assessed for Unexplained Cash Credits in respect of Capital introduction by It’s Partner: ITAT [Read Order]")
![ITAT upholds Book-Value based Taxation of Partner on Capital Contribution of Immovable Property in LLP [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Limited-Liability-Partnership-LLP-Taxscan.jpg "ITAT upholds Book-Value based Taxation of Partner on Capital Contribution of Immovable Property in LLP [Read Order]")