https://www.taxtmi.com/caselaws?id=7676 Remuneration paid by a firm to partners is not deductible in computing the firm's profits where the statutory bar applies under section 10(4)(b) of the Indian Income-tax Act, 1922. The prohibition covers salary, commission, interest, or other remuneration paid by a firm to any partner, and it is not displaced by the fact that the partner may have been assessed separately on the receipt. Payment under government directions does not change the character of the amount as remuneration paid by the firm to partners, so the allowance remains disallowed in the firm's assessment. en-us Mon, 13 Oct 1969 00:00:00 +0530 Tue, 17 Mar 2009 12:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7676 Remuneration paid by a firm to partners is not deductible in computing the firm's profits where the statutory bar applies under section 10(4)(b) of the Indian Income-tax Act, 1922. The prohibition covers salary, commission, interest, or other remuneration paid by a firm to any partner, and it is not displaced by the fact that the partner may have been assessed separately on the receipt. Payment under government directions does not change the character of the amount as remuneration paid by the firm to partners, so the allowance remains disallowed in the firm's assessment. Case-Laws Income Tax Mon, 13 Oct 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7676