https://www.taxtmi.com/caselaws?id=276562 Deductibility of salaries paid to coparceners under section 10(2)(xv) depended on whether the payments were incurred on commercial expediency and wholly and exclusively for business purposes. An agreement or actual payment alone did not satisfy the statutory test; the income-tax authorities could assess the relationship of the payees, the quantum, the nature of the business and the services rendered. On the findings recorded, the coparceners rendered no service to the partnership business and there was no nexus between the payments and the profits of the Hindu undivided family, so the deduction was disallowed. en-us Mon, 06 Oct 1958 00:00:00 +0530 Tue, 13 Nov 2018 18:16:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276562 Deductibility of salaries paid to coparceners under section 10(2)(xv) depended on whether the payments were incurred on commercial expediency and wholly and exclusively for business purposes. An agreement or actual payment alone did not satisfy the statutory test; the income-tax authorities could assess the relationship of the payees, the quantum, the nature of the business and the services rendered. On the findings recorded, the coparceners rendered no service to the partnership business and there was no nexus between the payments and the profits of the Hindu undivided family, so the deduction was disallowed. Case-Laws Income Tax Mon, 06 Oct 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276562