Disallowance u/s 40b(v)(2) - remuneration to partners was ...

Deduction Claim Allowed: Section 40b(v)(2) Disallowance on Partner Remuneration Based on Book Profit Including Bank Interest Overturned.

October 7, 2015

Case Laws Income Tax AT

Disallowance u/s 40b(v)(2) - remuneration to partners was determined as per the book profit shown in profit and loss account including interest from bank FDRs and income from other sources - claim of deduction allowed - AT

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Disallowance u/s 40b(v)(2) - remuneration to partners was ...

Deduction Claim Allowed: Section 40b(v)(2) Disallowance on Partner Remuneration Based on Book Profit Including Bank Interest Overturned.

October 7, 2015

Case Laws Income Tax AT

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