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1971 (4) TMI 30 - ALLAHABAD HIGH COURTRemuneration paid by a partner by engaging another person ofr firm - Whether, Tribunal was correct in holding that the salary payment was an expenditure incurred wholly and exclusively for the purposes of earning share of profits and remuneration from firm and as such was an allowable deduction under the provisions of the Income-tax Act – Held, yes - held that remuneration paid to such worker by the partner is deductible from his remuneration received from the firm
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