Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
Disciplinary proportionality requires penalties for Authorised Representative misconduct to match proven harm, leading to reconsideration of registrat...
Payment made to retiring partner and legal heirs of the deceased - as per terms of the agreement the payment were to be set-aside at the threshold from the receipts of the firm and will not reach the hands of the other partners of the firm and, therefore, cannot be treated as income of the firm who has merely acted as a pass through entity for this payment.
Payment made to retiring partner and legal heirs of the deceased - as per terms of the agreement the payment were to be set-aside at the threshold from the receipts of the firm and will not reach the hands of the other partners of the firm and, therefore, cannot be treated as income of the firm who has merely acted as a pass through entity for this payment.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
