https://www.taxtmi.com/caselaws?id=67881 The Appellate Tribunal ITAT Jaipur ruled that a partner in a firm can receive salary income and claim standard deduction under section 16(1) of the Income Tax Act. The Tribunal overturned the decision of the Income Tax Officer and the Appellate Assistant Commissioner, allowing the partner's claim for standard deduction of Rs. 4,440. The Tribunal based its decision on a previous Bombay Tribunal ruling and the interpretation of relevant provisions of the Income Tax Act. en-us Wed, 28 Mar 1984 00:00:00 +0530 Tue, 15 Mar 2011 11:31:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67881 The Appellate Tribunal ITAT Jaipur ruled that a partner in a firm can receive salary income and claim standard deduction under section 16(1) of the Income Tax Act. The Tribunal overturned the decision of the Income Tax Officer and the Appellate Assistant Commissioner, allowing the partner's claim for standard deduction of Rs. 4,440. The Tribunal based its decision on a previous Bombay Tribunal ruling and the interpretation of relevant provisions of the Income Tax Act. Case-Laws Income Tax Wed, 28 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67881