Excessive claim of deduction of partners’ remuneration - for the ...

Court Rules on Consistent Accounting for Partners' Remuneration Deductions u/s 40(b)(v) of Income Tax Act.

August 5, 2012

Case Laws Income Tax HC

Excessive claim of deduction of partners’ remuneration - for the purpose of Section 40(b)(v) read with Explanation there cannot be separate method of accounting for ascertaining net profit and/or book-profit - Tri

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Excessive claim of deduction of partners’ remuneration - for the ...

Court Rules on Consistent Accounting for Partners' Remuneration Deductions u/s 40(b)(v) of Income Tax Act.

August 5, 2012

Case Laws Income Tax HC

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