Deduction 10AA(9) - Interest and remuneration to partners - ...

Case Laws Income Tax

November 10, 2021

Deduction 10AA(9) - Interest and remuneration to partners - Claim allowable on net income or gross income - In the present case, the clauses of partnership deed specifically restrict not to charge payment of interest to partners on their capital contribution as well as remuneration. We find that ld. CIT(A) has decided the issue after proper appreciation of fact and following the decision of Alidhra Taxspin Engineers - AT

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Deduction 10AA(9) - Interest and remuneration to partners - ...

Case Laws Income Tax

November 10, 2021

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