https://www.taxtmi.com/caselaws?id=66469 The Tribunal held that remuneration labeled as 'salary' paid to a partner in a firm is not considered assessable under the head 'Salaries,' thereby disallowing standard deduction under section 16(i) of the Income-tax Act, 1961. The income received by the partner was deemed as share income without any allocation. The revenue's appeal was accepted, overturning the AAC's decision. en-us Wed, 19 Dec 1984 00:00:00 +0530 Thu, 24 Feb 2011 18:19:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66469 The Tribunal held that remuneration labeled as 'salary' paid to a partner in a firm is not considered assessable under the head 'Salaries,' thereby disallowing standard deduction under section 16(i) of the Income-tax Act, 1961. The income received by the partner was deemed as share income without any allocation. The revenue's appeal was accepted, overturning the AAC's decision. Case-Laws Income Tax Wed, 19 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66469