Salary and interest paid to partners - it was not the first year ...

Assessing Officer Failed to Prove Non-Compliance with Section 184; Partner Salary and Interest Deductions Allowed.

October 20, 2014

Case Laws Income Tax AT

Salary and interest paid to partners - it was not the first year of the partnership firm and there was no change in the partnership - AO had not established how and in what manner, the assessee failed to comply with the provisions of section 184 - deduction allowed - AT

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Salary and interest paid to partners - it was not the first year ...

Assessing Officer Failed to Prove Non-Compliance with Section 184; Partner Salary and Interest Deductions Allowed.

October 20, 2014

Case Laws Income Tax AT

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