TMI BlogDisallowance u/s 40(b) - salary paid to partners - AO did not accept the amount surrendered during the...Disallowance u/s 40(b) - salary paid to partners - AO did not accept the amount surrendered during the survey as income from business - when the business activity of the assessee has been accepted and no other source of income is found, then there was no justification for disallowing the salary paid to Partners - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
