https://www.taxtmi.com/caselaws?id=11700 The High Court held that salary and consultancy fees paid to partners representing their Hindu undivided families as kartas should be disallowed under section 40(b) of the Income-tax Act, 1961. The court ruled in favor of the Revenue, upholding the decision to disallow the expenditure incurred by the partnership firm. The case outcome favored the Revenue, and the reference was disposed of with no order as to costs. en-us Wed, 20 Nov 2002 00:00:00 +0530 Sat, 06 Feb 2010 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11700 The High Court held that salary and consultancy fees paid to partners representing their Hindu undivided families as kartas should be disallowed under section 40(b) of the Income-tax Act, 1961. The court ruled in favor of the Revenue, upholding the decision to disallow the expenditure incurred by the partnership firm. The case outcome favored the Revenue, and the reference was disposed of with no order as to costs. Case-Laws Income Tax Wed, 20 Nov 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11700