https://www.taxtmi.com/caselaws?id=258164 The Tribunal allowed all the appeals, quashing the revisionary order under Section 263. It held that the assessment orders were not erroneous, and the Commissioner was not justified in directing the AO to recompute deductions under Section 10B. The Tribunal found that interest and remuneration could not be imposed on the firm without authorization in the partnership deed, citing relevant case law. en-us Wed, 25 Mar 2015 00:00:00 +0530 Wed, 01 Apr 2015 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258164 The Tribunal allowed all the appeals, quashing the revisionary order under Section 263. It held that the assessment orders were not erroneous, and the Commissioner was not justified in directing the AO to recompute deductions under Section 10B. The Tribunal found that interest and remuneration could not be imposed on the firm without authorization in the partnership deed, citing relevant case law. Case-Laws Income Tax Wed, 25 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258164