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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

Disallowance treating remuneration paid to the partners under ...


Assessing Officer Unjustified in Excluding Interest Income from Partner Remuneration Calculation u/s 40(b)(v.

September 15, 2015

Case Laws     Income Tax     AT

Disallowance treating remuneration paid to the partners under the provisions of section 40(b)(v) as excessive - A.O was not justified in working out the claim of remuneration after excluding the interest income. - AT

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