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Income Tax - Highlights / Catch Notes

Home Highlights December 2012 Year 2012 This

Remuneration to partners - where the partner is working ...

Income Tax

December 31, 2012

Remuneration to partners - where the partner is working partners and remuneration provided is within the limits prescribed u/s 40(b)(v), AO cannot disallow any part of the remuneration on the ground that it is excessive. - HC

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