https://www.taxtmi.com/caselaws?id=386857 Partnership remuneration is allowable where the deed and addendum authorise revised partner salary within the statutory ceiling under section 40(b), and a later-accepted pattern of similar remuneration supports the claim. Retainership payments made for sales-related work during the festive season were also accepted as genuine because the recipients reported the sums as salary income, filed confirmations, and the Revenue did not displace the explanation that the payments were salary-like rather than professional fees. On these facts, the additions were deleted. en-us Wed, 21 Aug 2019 00:00:00 +0530 Tue, 09 Aug 2022 16:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386857 Partnership remuneration is allowable where the deed and addendum authorise revised partner salary within the statutory ceiling under section 40(b), and a later-accepted pattern of similar remuneration supports the claim. Retainership payments made for sales-related work during the festive season were also accepted as genuine because the recipients reported the sums as salary income, filed confirmations, and the Revenue did not displace the explanation that the payments were salary-like rather than professional fees. On these facts, the additions were deleted. Case-Laws Income Tax Wed, 21 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386857