Hc order for partnership remuneration

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One of The Important Case, The Revenue Lossing it Since Appeal till HC.

Issues :- Whether the provisions of section 40A can be applied, in case the section 40(b) had already been applied – Whether when the partnership deed is complete with regard to all the detailsregarding remuneration and salary etc, disallowance can be made on the basis that it was excessive – Whether remuneration to partners should be allowed u/s 40(b)(v) only on the basis of declaration made in the partnership deed.

 

The Rulling Attached Here.


Attached File : 33834 1110100 great city all hc order.pdf downloaded: 147 times
Replies (2)

thnx for sharinG!!

Thanks for sharing.....

 

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