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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)

Payment to Partners for Specific Services CIT Vs. Rajam Ramaswamy And Sons 06/27/2006 [2008] 298 ITR 325(Madras) Case Fact: Payments made to partners for specific services. Decision: 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
 

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