https://www.taxtmi.com/caselaws?id=70233 The ITAT allowed the appeals of the assessees concerning the deduction of remuneration paid to Karthas as honorarium for their personal exertion to earn share income by various HUFs. The ITAT considered past decisions allowing similar deductions, highlighted the experience and specialized knowledge of the Karthas, and noted the absence of evidence questioning the genuineness of the payments. Ultimately, the ITAT upheld the assessees' claims, emphasizing the practice of allowing such payments to Karthas and the lack of evidence to dispute the legitimacy of the payments. en-us Thu, 30 Jun 1983 00:00:00 +0530 Mon, 13 Jun 2011 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70233 The ITAT allowed the appeals of the assessees concerning the deduction of remuneration paid to Karthas as honorarium for their personal exertion to earn share income by various HUFs. The ITAT considered past decisions allowing similar deductions, highlighted the experience and specialized knowledge of the Karthas, and noted the absence of evidence questioning the genuineness of the payments. Ultimately, the ITAT upheld the assessees' claims, emphasizing the practice of allowing such payments to Karthas and the lack of evidence to dispute the legitimacy of the payments. Case-Laws Income Tax Thu, 30 Jun 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70233