Taxability of Share of Income of Member of AOP claiming 80IB(10)

Shrinivas Mundada (Tax Consultant) (23 Points)

13 November 2007  
we had claim deduction under section 80IB(10) in association of Persons and uptill now we where showing share income of AOP in the hands of member as exmpt. now assesing officer is taking a stand that as AOP is claiming deduction u/s. 80IB(10) the share income in the hands of memeber is taxable in the hand of member, u/s. 80A(3) stating that no deduction under same can be claimed in the hands of member od AOP.
 
my question is weather share of AOp is taxabele in the hands of member
 
please guid
 
we had claim deduction under section 80IB(10) in association of Persons and uptill now we where showing share income of AOP in the hands of member as exmpt. now assesing officer is taking a stand that as AOP is claiming deduction u/s. 80IB(10) the share income in the hands of memeber is taxable in the hand of member, u/s. 80A(3) stating that no deduction under same can be claimed in the hands of member od AOP.
 
my question is weather share of AOp is taxabele in the hands of member
 
please guid