https://www.taxtmi.com/caselaws?id=8715 Section 10(4)(b) of the Indian Income-tax Act, 1922 disallows only payments made by a firm to a partner in the character of a partner. Remuneration and allowances paid to partners for acting as authorised controllers and members of a board of management under a statutory appointment were found to arise from Government directions, not from the partnership agreement. As the sums were paid in a different capacity and constituted business expenditure rather than a distribution of partnership profits, they were not barred by section 10(4)(b) and were allowable deductions. en-us Fri, 02 Mar 1973 00:00:00 +0530 Wed, 03 Jun 2009 10:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8715 Section 10(4)(b) of the Indian Income-tax Act, 1922 disallows only payments made by a firm to a partner in the character of a partner. Remuneration and allowances paid to partners for acting as authorised controllers and members of a board of management under a statutory appointment were found to arise from Government directions, not from the partnership agreement. As the sums were paid in a different capacity and constituted business expenditure rather than a distribution of partnership profits, they were not barred by section 10(4)(b) and were allowable deductions. Case-Laws Income Tax Fri, 02 Mar 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8715