https://www.taxtmi.com/caselaws?id=399862 A procedural defect in the denomination of stamp paper used for a partnership deed could not, by itself, negate an otherwise accepted partnership firm; the firm was treated as duly constituted and the related disallowance of partner's salary was set aside. Disallowance under section 40(a)(ia) required verification of the TDS deduction and payment record, so the matter was restored for fresh adjudication. The enhancement of income also required verification because it was unclear whether the amount was already included in the additional income voluntarily offered; that issue too was remanded. The core status issue was decided in favour of the assessee, while the monetary issues were sent back for verification. en-us Fri, 16 Oct 2020 00:00:00 +0530 Wed, 21 Oct 2020 17:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399862 A procedural defect in the denomination of stamp paper used for a partnership deed could not, by itself, negate an otherwise accepted partnership firm; the firm was treated as duly constituted and the related disallowance of partner's salary was set aside. Disallowance under section 40(a)(ia) required verification of the TDS deduction and payment record, so the matter was restored for fresh adjudication. The enhancement of income also required verification because it was unclear whether the amount was already included in the additional income voluntarily offered; that issue too was remanded. The core status issue was decided in favour of the assessee, while the monetary issues were sent back for verification. Case-Laws Income Tax Fri, 16 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399862