Disallowance of excess claim of remuneration to the partners ...

Partners' Excess Remuneration Claim Disallowed; FDR Interest Tied Directly to Business, No Extra Taxable Income Added.

February 23, 2018

Case Laws Income Tax AT

Disallowance of excess claim of remuneration to the partners claimed - nature of income - interest on FDR - the interest on the FDR has direct nexus with the business activity of the assessee - no additions - AT

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Disallowance of excess claim of remuneration to the partners ...

Partners' Excess Remuneration Claim Disallowed; FDR Interest Tied Directly to Business, No Extra Taxable Income Added.

February 23, 2018

Case Laws Income Tax AT

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