Disallowance of Payments to Partners Due to Lapses Outlined in Section 144, Not Assessment u/s 144.

Disallowance for payments in respect of remuneration and interest on capital paid to the partners - disallowance under section 184(5) comes into play not as a result of the assessment under section 144 but as a result of the lapses as mentioned in section 144. - AT .....

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