https://www.taxtmi.com/highlights?id=67378 Deduction u/s 40(b)(v) - deduction of the amount of remuneration paid to the partners - the appellant has to be authorized by the partnership deed and the same has to be in accordance with the terms of the partnership deed. Referring to the partnership deed constituting the appellant, Tribunal held that the partnership deed did not contain any terms for payment to the working partners. - Additions made by ITAT confirmed - HC en-us Wed, 28 Dec 2022 13:42:31 +0530 Wed, 28 Dec 2022 13:42:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67378 Deduction u/s 40(b)(v) - deduction of the amount of remuneration paid to the partners - the appellant has to be authorized by the partnership deed and the same has to be in accordance with the terms of the partnership deed. Referring to the partnership deed constituting the appellant, Tribunal held that the partnership deed did not contain any terms for payment to the working partners. - Additions made by ITAT confirmed - HC Highlights Income Tax Wed, 28 Dec 2022 13:42:31 +0530 https://www.taxtmi.com/highlights?id=67378