https://www.taxtmi.com/caselaws?id=277569 The Bombay High Court declined to entertain the revenue's challenge on payments to ex-partners and spouses of deceased partners because an identical issue for an earlier assessment year in the assessee's own case had already been decided in the assessee's favour. The court also admitted the appeal on the separate question whether income from other sources, lacking a nexus with the business or profession, can be included in book profit under the proviso to section 40(b)(v) for computing partners' remuneration. No substantive ruling was given on that issue; it was left for adjudication. en-us Mon, 04 Feb 2013 00:00:00 +0530 Tue, 11 Dec 2018 09:47:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=277569 The Bombay High Court declined to entertain the revenue's challenge on payments to ex-partners and spouses of deceased partners because an identical issue for an earlier assessment year in the assessee's own case had already been decided in the assessee's favour. The court also admitted the appeal on the separate question whether income from other sources, lacking a nexus with the business or profession, can be included in book profit under the proviso to section 40(b)(v) for computing partners' remuneration. No substantive ruling was given on that issue; it was left for adjudication. Case-Laws Income Tax Mon, 04 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=277569