Interest Payments to Partners Allowed u/s 40(b) of Income Tax Act, Claims for Expenses Approved.

Interest Payments to Partners Allowed u/s 40(b) of Income Tax Act, Claims for Expenses Approved. https://www.taxtmi.com/highlights?id=32232 Addition of interest expenses - assessee has made payment to partners as per the Partnership Deed and within the limit prescribed u/s 40(b) - claim of interest expense allowed - AT en-us Sat, 26 Nov 2016 10:30:36 +0530 Sat, 26 Nov 2016 10:30:36 +0530 TaxTMI RSS Generator Interest Payments to Partners Allowed u/s 40(b) of Income Tax Act, Claims for Expenses Approved. https://www.taxtmi.com/highlights?id=32232 Addition of interest expenses - assessee has made payment to partners as per the Partnership Deed and within the limit prescribed u/s 40(b) - claim of interest expense allowed - AT Highlights Income Tax Sat, 26 Nov 2016 10:30:36 +0530 https://www.taxtmi.com/highlights?id=32232