Assessing Officer was wrong to disbelieve partnership rectification deed when stamp paper was issued on a prior date - ITAT…
For computing allowable partners remuneration u/s 40(b) AO can not allocate net profit into different heads to exclude interest income …
Disallowance u/s 40A(3) of payment of partners salary in cash. ITAT remands the case in view of Supreme Court judgment…
Partners Salary and interest not disallowable when assessment u/s 143 is made in the manner laid down u/s 144 by…