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Income Tax - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Partners remuneration u/s. 40b - once the additional income ...

Case Laws     Income Tax

February 7, 2016

Partners remuneration u/s. 40b - once the additional income offered for taxation during the survey is accepted and it has been explained to be as business income as the source then there is no bar in the Act for claiming partners remuneration from such additional business income - AT

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