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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Salary and interest paid to partners - provisions of Section 184 ...


Section 184 Income Tax Act: Salary and Interest to Partners Rules Are Directory, Partnership Deed Filing Omissions Curable.

December 10, 2012

Case Laws     Income Tax     AT

Salary and interest paid to partners - provisions of Section 184 of the Income tax Act, 1961 are directory and not mandatory – defect of not filing copy of partnership deed with return of income is a curable defect. - AT

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