Composite GST notices, mandatory limitation, and same-subject bar: HC upheld valid notices but quashed overlapping proceedings and unauthorised withho...
Disallowance of salary and interest paid to the partners - it is not a case where the assessment is made by the AO u/s.144 of the Act. It is a case where assessment u/s.143 is made in a manner laid down u/s.144 - AO directed to determine the income of the assessee after allowing deduction for payment of salary and interest to partners from the estimated income of the assessee - AT
Disallowance of salary and interest paid to the partners - it is not a case where the assessment is made by the AO u/s.144 of the Act. It is a case where assessment u/s.143 is made in a manner laid down u/s.144 - AO directed to determine the income of the assessee after allowing deduction for payment of salary and interest to partners from the estimated income of the assessee - AT
Note: It is a system-generated summary and is for quick reference only.