Tax Authorities Must Assess Actual Income, Avoid Exploiting Taxpayer Mistakes in Partnership Remuneration Cases.

Wrong figure of disallowance under partnership remuneration - revenue cannot take undue advantage of the ignorance of the assessee or genuine mistake committed by the assessee and is always duty bound to assess only the real income of the assessee - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X