https://www.taxtmi.com/caselaws?id=117104 The Tribunal upheld the CIT(A)'s decision to delete the addition of remuneration paid to working partners and dismissed the Revenue's appeal. The Partnership Deed's formula for distributing remuneration was found to be compliant with the provisions of section 40(b)(v) and Circular No. 739. en-us Wed, 19 Feb 2003 00:00:00 +0530 Wed, 20 Jun 2012 13:40:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117104 The Tribunal upheld the CIT(A)'s decision to delete the addition of remuneration paid to working partners and dismissed the Revenue's appeal. The Partnership Deed's formula for distributing remuneration was found to be compliant with the provisions of section 40(b)(v) and Circular No. 739. Case-Laws Income Tax Wed, 19 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117104