https://www.taxtmi.com/highlights?id=22423 Disallowance u/s 40A(2)(b) - huge salary paid to partner - it is not that the said person was taxed at a lower rate than that of the assessee-firm - the AO could not substitute the wisdom of the partners of the firm to hold that the salary was excessive and unreasonable - HC en-us Wed, 08 Apr 2015 08:02:10 +0530 Wed, 08 Apr 2015 08:02:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=22423 Disallowance u/s 40A(2)(b) - huge salary paid to partner - it is not that the said person was taxed at a lower rate than that of the assessee-firm - the AO could not substitute the wisdom of the partners of the firm to hold that the salary was excessive and unreasonable - HC Highlights Income Tax Wed, 08 Apr 2015 08:02:10 +0530 https://www.taxtmi.com/highlights?id=22423