Payment to Partners for Specific Services::
Last updated: 29 May 2008
Court :
HC
Brief :
Held that the disallowances under section 40(b) cannot be made for the specific services rendered by the partner which are not in the capacity of partner
Citation :
CIT Vs. Rajam Ramaswamy And Sons 06/27/2006
[2008] 298 ITR 325(Madras)
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CA.Saibaburao Nanduri
Published in Income Tax
Views : 72
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