https://www.taxtmi.com/highlights?id=45364 Disallowance u/s 40(A) - related party transaction - merely because there was an Agreement between the Assessee Company and the related party or the partnership firm, the Research and Advisory fees made by the Company to the partnership firm, in which one of the Directors had a substantial interest, cannot be allowed wholly or partly as a business expenditure en-us Mon, 25 Mar 2019 05:59:07 +0530 Sun, 24 Mar 2019 11:22:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=45364 Disallowance u/s 40(A) - related party transaction - merely because there was an Agreement between the Assessee Company and the related party or the partnership firm, the Research and Advisory fees made by the Company to the partnership firm, in which one of the Directors had a substantial interest, cannot be allowed wholly or partly as a business expenditure Highlights Income Tax Mon, 25 Mar 2019 05:59:07 +0530 https://www.taxtmi.com/highlights?id=45364