https://www.taxtmi.com/caselaws?id=409438 The Tribunal upheld the Ld. CIT(A)'s decision to delete disallowances under Section 80(IA) r.w.s 10AA(9) for interest on capital and remuneration to partners. The Tribunal found that the partnership deed clearly indicated no provision for interest and remuneration, aligning with judicial precedents. Consequently, the Tribunal dismissed the Revenue's appeal, emphasizing the consistency with previous assessments and affirming the deletion of disallowances. en-us Thu, 01 Jul 2021 00:00:00 +0530 Wed, 07 Jul 2021 10:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409438 The Tribunal upheld the Ld. CIT(A)'s decision to delete disallowances under Section 80(IA) r.w.s 10AA(9) for interest on capital and remuneration to partners. The Tribunal found that the partnership deed clearly indicated no provision for interest and remuneration, aligning with judicial precedents. Consequently, the Tribunal dismissed the Revenue's appeal, emphasizing the consistency with previous assessments and affirming the deletion of disallowances. Case-Laws Income Tax Thu, 01 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409438