https://www.taxtmi.com/caselaws?id=69257 A partner's share of partnership profits is treated as business income in the partner's hands, and expenditure incurred wholly and exclusively for earning that income is allowable in computing taxable income. On the stated facts, travelling and motor car expenses were incurred in supervising and attending to partnership business, so the related deduction was permitted. The assessee's own disallowance was considered sufficient, and the full deduction claimed was allowed against the partner's share income. en-us Wed, 17 Jan 1979 00:00:00 +0530 Wed, 06 Apr 2011 10:14:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69257 A partner's share of partnership profits is treated as business income in the partner's hands, and expenditure incurred wholly and exclusively for earning that income is allowable in computing taxable income. On the stated facts, travelling and motor car expenses were incurred in supervising and attending to partnership business, so the related deduction was permitted. The assessee's own disallowance was considered sufficient, and the full deduction claimed was allowed against the partner's share income. Case-Laws Income Tax Wed, 17 Jan 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69257