https://www.taxtmi.com/caselaws?id=67107 The appeals by the Revenue challenging the deduction of salary paid to a partner from the firm's income were dismissed. The Tribunal upheld the decision that the salary paid to the partner, for services rendered in his individual capacity, did not fall under the provisions of section 40(b) of the Income Tax Act. It was clarified that payments to a partner in a different capacity, such as for individual services, were not subject to disallowance under section 40(b). The Tribunal emphasized the importance of considering the partner's status and representative capacity in determining the applicability of section 40(b). en-us Tue, 12 Jan 1988 00:00:00 +0530 Wed, 09 Mar 2011 11:26:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67107 The appeals by the Revenue challenging the deduction of salary paid to a partner from the firm's income were dismissed. The Tribunal upheld the decision that the salary paid to the partner, for services rendered in his individual capacity, did not fall under the provisions of section 40(b) of the Income Tax Act. It was clarified that payments to a partner in a different capacity, such as for individual services, were not subject to disallowance under section 40(b). The Tribunal emphasized the importance of considering the partner's status and representative capacity in determining the applicability of section 40(b). Case-Laws Income Tax Tue, 12 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67107