Case Law Details
Case Name : Asstt. CIT v. Suman Construction (ITAT Pune 'A' Bench)
Related Assessment Year :
Remuneration to partner should be Authorised by Partnership deed but quantification not necessary
In Asstt. CIT v. Suman Construction (2009) 27 (II) ITCL 329 (Pune ‘A’-Trib) the assessing officer had noticed that the assessee had claimed salary to partners of Rs. 2,20,000. However, in his opinion as per the partnership deed filed along with the return in the past assessment year, there was no specification of this salary payable to the partners. According to assessing officer, there was neither the quantification of the salary payable to the partners nor it was prescribed the mann...
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If wife is a partner in a firm and her husband is employee in that firm.then what is the taxability of husband.And is there clubbing of income And wether husband can act as a employee in that firm.