https://www.taxtmi.com/caselaws?id=28155 The High Court of Madhya Pradesh, in a judgment delivered by Judge Sohani, addressed a reference made by the Income-tax Appellate Tribunal regarding the disallowance of a partner's salary under section 40(b) of the Income-tax Act, 1961, and the classification of expenditure on repairs and renovations to the factory building. The court upheld the disallowance of the partner's salary and determined a portion of the repair expenditure as capital in nature, in line with previous decisions. The court ruled in favor of the revenue authorities on both issues, directing each party to bear their own costs in the reference proceedings. en-us Mon, 28 Feb 1983 00:00:00 +0530 Fri, 19 Feb 2010 13:15:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28155 The High Court of Madhya Pradesh, in a judgment delivered by Judge Sohani, addressed a reference made by the Income-tax Appellate Tribunal regarding the disallowance of a partner's salary under section 40(b) of the Income-tax Act, 1961, and the classification of expenditure on repairs and renovations to the factory building. The court upheld the disallowance of the partner's salary and determined a portion of the repair expenditure as capital in nature, in line with previous decisions. The court ruled in favor of the revenue authorities on both issues, directing each party to bear their own costs in the reference proceedings. Case-Laws Income Tax Mon, 28 Feb 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28155