Tuesday, February 5, 2019

Remuneration to partners allowable if deed provides for remuneration computation in accordance with sec. 40(b)(v)

IT: On harmonious interpretation of provisions of section 40(b)(v) as well as clauses of partnership deed, claim of remuneration paid to partners despite 'quantum' not specified in partnership deed was to be allowed

from www.taxmann.com Latest Case Laws http://bit.ly/2HTgHMU
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