Partners’ Remuneration Disallowance Set Aside Due to ITR Error

Punyashila Automobiles Vs ITO-2 (ITAT Indore)

Partners’ Remuneration Deduction Cannot Be Denied for ITR Reporting Error: ITAT Indore Remands for Verification

The Indore Bench of the ITAT allowed the assessee-firm’s appeal for AY 2016-17 for statistical purposes, holding that a legitimate deduction of partners’ remuneration under section 40(b) ca

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