<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>1983 (10) TMI 144 - ITAT MADRAS-C</title>
    <link>https://www.taxtmi.com/caselaws?id=70239</link>
    <description>The appeals centered on the deductibility of salary claimed by Hindu Undivided Families (HUFs) as remuneration to their Karthas. The Revenue argued against deducting the salary, but the Appellate Authority Commission (AAC) allowed the appeals, stating that the Karthas provided specific services to the firm and the HUF funds were unaffected. The Income Tax Appellate Tribunal (ITAT) upheld the partnership deed&#039;s provision for salary payment to partners, distinguishing individual service income from HUF income. Consequently, the ITAT affirmed that the salary paid to partners should not be included in HUF assessments, dismissing the Revenue&#039;s appeals.</description>
    <language>en-us</language>
    <pubDate>Thu, 13 Oct 1983 00:00:00 +0530</pubDate>
    <lastBuildDate>Fri, 15 Apr 2011 10:19:29 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=108592" rel="self" type="application/rss+xml"/>
    <item>
      <title>1983 (10) TMI 144 - ITAT MADRAS-C</title>
      <link>https://www.taxtmi.com/caselaws?id=70239</link>
      <description>The appeals centered on the deductibility of salary claimed by Hindu Undivided Families (HUFs) as remuneration to their Karthas. The Revenue argued against deducting the salary, but the Appellate Authority Commission (AAC) allowed the appeals, stating that the Karthas provided specific services to the firm and the HUF funds were unaffected. The Income Tax Appellate Tribunal (ITAT) upheld the partnership deed&#039;s provision for salary payment to partners, distinguishing individual service income from HUF income. Consequently, the ITAT affirmed that the salary paid to partners should not be included in HUF assessments, dismissing the Revenue&#039;s appeals.</description>
      <category>Case-Laws</category>
      <law>Income Tax</law>
      <pubDate>Thu, 13 Oct 1983 00:00:00 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/caselaws?id=70239</guid>
    </item>
  </channel>
</rss>