Disallowance u/s 40A(2)(b) in respect of professional fees - ...
Section 40A(2)(b): Disallowance of Professional Fees Paid to Firm with Partner Interests Lacks Concrete Evidence.
October 28, 2016
Case Laws Income Tax AT
Disallowance u/s 40A(2)(b) in respect of professional fees - payment to a partnership firm whose partners are having substantial interest in the business of the assessee company - Revenue’s case is no more than an allegation or a surmise - AT
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