https://www.taxtmi.com/caselaws?id=430955 The appeal involved various issues including the disallowance of remuneration paid to working partners, treatment of refundable professional fee as income, disallowance of business promotion expenses, and non-granting of a deduction under section 80G of the IT Act. The Tribunal found the disallowance of remuneration to be tax-neutral and dismissed the ground. The issue of refundable professional fee was not pressed due to the small amount. The disallowance of business promotion expenses was also not pursued by the appellant. The Tribunal directed the Assessing Officer to re-examine the deduction claim under section 80G with supporting evidence, leading to a partial allowance of the appeal for statistical purposes. en-us Wed, 30 Nov 2022 00:00:00 +0530 Fri, 02 Dec 2022 07:50:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430955 The appeal involved various issues including the disallowance of remuneration paid to working partners, treatment of refundable professional fee as income, disallowance of business promotion expenses, and non-granting of a deduction under section 80G of the IT Act. The Tribunal found the disallowance of remuneration to be tax-neutral and dismissed the ground. The issue of refundable professional fee was not pressed due to the small amount. The disallowance of business promotion expenses was also not pursued by the appellant. The Tribunal directed the Assessing Officer to re-examine the deduction claim under section 80G with supporting evidence, leading to a partial allowance of the appeal for statistical purposes. Case-Laws Income Tax Wed, 30 Nov 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430955