https://www.taxtmi.com/caselaws?id=284829 The Appellate Tribunal held that the disallowance of remuneration to partners by treating the firm as an Association of Persons (AOP) under Sec.184(5) of the IT Act, 1961 was not justified. The Tribunal found that the returns filed in response to notices under Sec. 148 were compliant with the requirements under Sec. 139, and there was no failure under Sec. 143(2). Therefore, the Tribunal concluded that Sec.184(5) applied only in cases of complete failure under Sec.144, leading to the deletion of the disallowance of remuneration for the assessment years in question. The appeals of the assessee were partly allowed. en-us Thu, 28 Aug 2014 00:00:00 +0530 Thu, 12 Dec 2019 16:50:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284829 The Appellate Tribunal held that the disallowance of remuneration to partners by treating the firm as an Association of Persons (AOP) under Sec.184(5) of the IT Act, 1961 was not justified. The Tribunal found that the returns filed in response to notices under Sec. 148 were compliant with the requirements under Sec. 139, and there was no failure under Sec. 143(2). Therefore, the Tribunal concluded that Sec.184(5) applied only in cases of complete failure under Sec.144, leading to the deletion of the disallowance of remuneration for the assessment years in question. The appeals of the assessee were partly allowed. Case-Laws Income Tax Thu, 28 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284829