https://www.taxtmi.com/caselaws?id=69369 The appeal was allowed, and the orders denying standard deduction were reversed. The Tribunal directed the ITO to allow the standard deduction under s. 16(1) of the IT Act, 1961, based on the partner's entitlement to remuneration for services rendered to the firm, as established by relevant legal precedents. en-us Sat, 19 May 1984 00:00:00 +0530 Wed, 06 Apr 2011 14:20:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69369 The appeal was allowed, and the orders denying standard deduction were reversed. The Tribunal directed the ITO to allow the standard deduction under s. 16(1) of the IT Act, 1961, based on the partner's entitlement to remuneration for services rendered to the firm, as established by relevant legal precedents. Case-Laws Income Tax Sat, 19 May 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69369