Assessing Officer Unjustified in Excluding Interest Income from Partner Remuneration Calculation u/s 40(b)(v.

Disallowance treating remuneration paid to the partners under the provisions of section 40(b)(v) as excessive - A.O was not justified in working out the claim of remuneration after excluding the interest income. - AT .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X