Tax Authorities Must Assess Actual Income, Avoid Exploiting Taxpayer Mistakes in Partnership Remuneration Cases.

Tax Authorities Must Assess Actual Income, Avoid Exploiting Taxpayer Mistakes in Partnership Remuneration Cases. https://www.taxtmi.com/highlights?id=34236 Wrong figure of disallowance under partnership remuneration - revenue cannot take undue advantage of the ignorance of the assessee or genuine mistake committed by the assessee and is always duty bound to assess only the real income of the assessee - AT en-us Mon, 10 Apr 2017 10:24:34 +0530 Mon, 10 Apr 2017 10:24:34 +0530 TaxTMI RSS Generator Tax Authorities Must Assess Actual Income, Avoid Exploiting Taxpayer Mistakes in Partnership Remuneration Cases. https://www.taxtmi.com/highlights?id=34236 Wrong figure of disallowance under partnership remuneration - revenue cannot take undue advantage of the ignorance of the assessee or genuine mistake committed by the assessee and is always duty bound to assess only the real income of the assessee - AT Highlights Income Tax Mon, 10 Apr 2017 10:24:34 +0530 https://www.taxtmi.com/highlights?id=34236