https://www.taxtmi.com/highlights?id=66765 Claim of deduction u/s 40(b) from undisclosed income surrendered during survey - Salary / Remunaration of partners - the tax rate specified u/s. 115BBE for assessment year 2016-2017 is at 30% (same as the normal rate) and the partners of the assessee after considering the remuneration have discharged tax liability more or less at the same rate of 30%. Thus, we are of the view that there is no loss to the revenue - Claim allowed - AT en-us Fri, 25 Nov 2022 16:06:57 +0530 Fri, 25 Nov 2022 16:06:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=66765 Claim of deduction u/s 40(b) from undisclosed income surrendered during survey - Salary / Remunaration of partners - the tax rate specified u/s. 115BBE for assessment year 2016-2017 is at 30% (same as the normal rate) and the partners of the assessee after considering the remuneration have discharged tax liability more or less at the same rate of 30%. Thus, we are of the view that there is no loss to the revenue - Claim allowed - AT Highlights Income Tax Fri, 25 Nov 2022 16:06:57 +0530 https://www.taxtmi.com/highlights?id=66765