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2013 (11) TMI 127 - ITAT KOLKATADisallowance of remuneration to partner – Paid salary of Rs. 2.20 lakhs to Smt. Madhumita Paul, one of the partners of the assessee-firm – Held that:- No reason has been given for fixing the salary paid to Smt. Madhumita Paul at Rs. 1.20 lakhs - Proved that Smt. Madhumita Paul did know of the operations of the assessee's business - The Assessing Officer and the learned Commissioner of Income-tax (Appeals) has estimated the salary of Smt. Madhumita Paul without considering any comparative case or without laying any foundation for such estimation itself – Decided in favour of the assessee.
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