https://www.taxtmi.com/caselaws?id=117883 The appeals by the revenue were allowed, affirming the disallowance of salaries paid to working partners for the assessment years in question. The Tribunal held that the partnership deed did not specify the salaries or the method of quantification, making the salaries paid not compliant with the Income Tax Act and Circular No. 739. Previous decisions were cited in support of upholding the revenue's appeal, setting aside the Commissioner's order and confirming the Assessing Officer's disallowance of the claimed salaries. en-us Wed, 22 Sep 2004 00:00:00 +0530 Wed, 27 Jun 2012 12:01:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=117883 The appeals by the revenue were allowed, affirming the disallowance of salaries paid to working partners for the assessment years in question. The Tribunal held that the partnership deed did not specify the salaries or the method of quantification, making the salaries paid not compliant with the Income Tax Act and Circular No. 739. Previous decisions were cited in support of upholding the revenue's appeal, setting aside the Commissioner's order and confirming the Assessing Officer's disallowance of the claimed salaries. Case-Laws Income Tax Wed, 22 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=117883