https://www.taxtmi.com/caselaws?id=66448 The Appellate Tribunal ruled in favor of the assessee, holding that the remuneration paid to a partner for services rendered outside the scope of partnership duties should not be disallowed under section 40(b) of the Income-tax Act, 1961. The Tribunal emphasized the need to establish a direct connection between the payment and the firm's income to trigger the provisions of section 40(b), distinguishing this case from previous decisions and legal precedents. en-us Sat, 31 Mar 1984 00:00:00 +0530 Thu, 24 Feb 2011 17:37:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66448 The Appellate Tribunal ruled in favor of the assessee, holding that the remuneration paid to a partner for services rendered outside the scope of partnership duties should not be disallowed under section 40(b) of the Income-tax Act, 1961. The Tribunal emphasized the need to establish a direct connection between the payment and the firm's income to trigger the provisions of section 40(b), distinguishing this case from previous decisions and legal precedents. Case-Laws Income Tax Sat, 31 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66448