Tag: partnership deed

Assessing Officer was wrong to disbelieve partnership rectification deed when stamp paper was issued on a prior date – ITAT ABCAUS Case Law Citation:ABCAUS 3801 (2023) (09) ITAT In the instant case, the assessee had challenged the order passed by the CIT(A)/NFAC in confirming the action of Assessing …

Partners salary revised just before end of financial year allowed being in accordance with terms of deed and law ABCAUS Case Law CitationABCAUS 3458 (2021) (02) ITAT In the instant case, the appellant assessee had challenged the order passed by the CIT(A) in confirming addition made by the …

There is no provision in the Partnership Act requiring that Partnership Deed should contain the ratio of profit and loss per partner-High Court ABCAUS Case Law Citation: ABCAUS 2448 (2018) 08 HC The only common question of law raised for consideration in the instant appeals was whether Section …