https://www.taxtmi.com/highlights?id=2764 Disallowance u/s 40(b) - interest to partners - Assessing Officer is not entitled to compel the assessee to provide for depreciation in the books of account and consequently not entitled to recomputed the capital account balances of the partners by deducting the cumulative amount of depreciation that was allowed in the hands of the assessees herein .... - AT en-us Mon, 30 Jan 2012 10:53:44 +0530 Mon, 30 Jan 2012 10:53:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=2764 Disallowance u/s 40(b) - interest to partners - Assessing Officer is not entitled to compel the assessee to provide for depreciation in the books of account and consequently not entitled to recomputed the capital account balances of the partners by deducting the cumulative amount of depreciation that was allowed in the hands of the assessees herein .... - AT Highlights Income Tax Mon, 30 Jan 2012 10:53:44 +0530 https://www.taxtmi.com/highlights?id=2764