https://www.taxtmi.com/caselaws?id=376311 The Tribunal allowed the appeal filed by the assessee, overturning the disallowance of the payment of Rs. 19,45,455 to the legal heirs of a deceased partner. The Tribunal concluded that the payment constituted a diversion of income by overriding title as per the partnership deed and relevant legal precedents, making it an allowable deduction for the assessee-firm. en-us Fri, 01 Mar 2019 00:00:00 +0530 Thu, 07 Mar 2019 07:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376311 The Tribunal allowed the appeal filed by the assessee, overturning the disallowance of the payment of Rs. 19,45,455 to the legal heirs of a deceased partner. The Tribunal concluded that the payment constituted a diversion of income by overriding title as per the partnership deed and relevant legal precedents, making it an allowable deduction for the assessee-firm. Case-Laws Income Tax Fri, 01 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376311