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<h1>ITAT rules in favor of assessee, directing AO to treat remuneration as salary income</h1> The Appellate Tribunal ITAT CUTTACK ruled in favor of the assessee, directing the Assessing Officer to treat the remuneration as salary income and allow ... Salary - Standard deduction The Appellate Tribunal ITAT CUTTACK ruled in favor of the assessee, directing the Assessing Officer to treat the remuneration as salary income and allow standard deduction. The tribunal found an employer-employee relationship between the assessee and the company, Krishna Ferro Products Ltd. The appeal by the department was dismissed.
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