https://www.taxtmi.com/highlights?id=67241 Deduction u/s 40(b) - disallowance on account of interest paid to partners and on account of salary paid to partners - In the instant case, instead of allowing the "admissible amount", the AO on the contrary disallowed the amount without any justification and without looking into the reality of the facts of the case as the assesee was legally entitled for deduction - AT en-us Wed, 21 Dec 2022 09:18:39 +0530 Wed, 21 Dec 2022 09:18:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67241 Deduction u/s 40(b) - disallowance on account of interest paid to partners and on account of salary paid to partners - In the instant case, instead of allowing the "admissible amount", the AO on the contrary disallowed the amount without any justification and without looking into the reality of the facts of the case as the assesee was legally entitled for deduction - AT Highlights Income Tax Wed, 21 Dec 2022 09:18:39 +0530 https://www.taxtmi.com/highlights?id=67241