https://www.taxtmi.com/caselaws?id=23795 The High Court of Madhya Pradesh ruled in favor of the assessee, determining that the remuneration paid to the spouse for services rendered was not assessable in the hands of the assessee under section 64(1)(ii) of the Income-tax Act, 1961. The court emphasized that formal qualifications were not necessary as long as the individual possessed relevant expertise and experience in the profession. The court held that the payment was for the husband's professional experience utilized by the firm, and each party would bear their own costs in the reference. en-us Thu, 10 Aug 1989 00:00:00 +0530 Thu, 14 Jan 2010 13:06:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23795 The High Court of Madhya Pradesh ruled in favor of the assessee, determining that the remuneration paid to the spouse for services rendered was not assessable in the hands of the assessee under section 64(1)(ii) of the Income-tax Act, 1961. The court emphasized that formal qualifications were not necessary as long as the individual possessed relevant expertise and experience in the profession. The court held that the payment was for the husband's professional experience utilized by the firm, and each party would bear their own costs in the reference. Case-Laws Income Tax Thu, 10 Aug 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23795