computation partners remuneration

  • Income Tax

Disallowance of Partners remuneration of Chartered Accountants firm deleted by ITAT

Disallowance of Partners remuneration of CA firm deleted by ITAT as the deed mentioned the method of quantification u/s 40(b)(v)…

6 years ago
  • Income Tax

Addition u/s 69 for discrepancies in stocks was business income to be considered for computing partners remuneration under Section 40(b)

In a recent judgment, ITAT Chennai has upheld that Addition u/s 69 for discrepancies in stocks was business income and has…

8 years ago