https://www.taxtmi.com/caselaws?id=28326 The High Court of Allahabad ruled in favor of the assessee, directing the Tribunal to reevaluate the case concerning the deductibility of salary paid to the karta of a Hindu undivided family. The court emphasized the necessity of valid agreements and commercial expediency for such deductions, highlighting discrepancies in the Tribunal's reasoning. The court instructed a fresh assessment based on evidence and legal principles, awarding costs to the assessee and stressing the importance of factual findings in determining the deductibility of such payments. en-us Fri, 08 Apr 1983 00:00:00 +0530 Sat, 20 Feb 2010 13:36:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28326 The High Court of Allahabad ruled in favor of the assessee, directing the Tribunal to reevaluate the case concerning the deductibility of salary paid to the karta of a Hindu undivided family. The court emphasized the necessity of valid agreements and commercial expediency for such deductions, highlighting discrepancies in the Tribunal's reasoning. The court instructed a fresh assessment based on evidence and legal principles, awarding costs to the assessee and stressing the importance of factual findings in determining the deductibility of such payments. Case-Laws Income Tax Fri, 08 Apr 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28326