Court Examines Section 40A(2)(b) on Fair Market Value for Doctors' Payments Under Income Tax Act. https://www.taxtmi.com/highlights?id=39619 Addition u/s 40A(2)(b) - unbalanced payment to doctors - payment to specified persons - No finding by the AO about as to what constitutes fair market price of the services rendered by the promoter directors - Remuneration of doctors must depend on their market worth, and determination of such market worth is uninfluenced by what other professionals in their area of expertise earn - AT en-us Wed, 30 May 2018 11:11:42 +0530 Wed, 30 May 2018 11:11:42 +0530 TaxTMI RSS Generator Court Examines Section 40A(2)(b) on Fair Market Value for Doctors' Payments Under Income Tax Act. https://www.taxtmi.com/highlights?id=39619 Addition u/s 40A(2)(b) - unbalanced payment to doctors - payment to specified persons - No finding by the AO about as to what constitutes fair market price of the services rendered by the promoter directors - Remuneration of doctors must depend on their market worth, and determination of such market worth is uninfluenced by what other professionals in their area of expertise earn - AT Highlights Income Tax Wed, 30 May 2018 11:11:42 +0530 https://www.taxtmi.com/highlights?id=39619