Deduction on account of payments made to the retired partners as ...

Retired partners' compensation for property value appreciation deemed deductible; revenue's appeal dismissed, affirming partnership deed provisions.

February 22, 2019

Case Laws Income Tax HC

Deduction on account of payments made to the retired partners as admissible expenditure under the provisions of the partnership deed - compensation to the outgoing partner towards the appreciation in the value of the immovable properties - Revenue appeal dismissed.

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Deduction on account of payments made to the retired partners as ...

Retired partners' compensation for property value appreciation deemed deductible; revenue's appeal dismissed, affirming partnership deed provisions.

February 22, 2019

Case Laws Income Tax HC

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