https://www.taxtmi.com/caselaws?id=39766 The High Court allowed the deduction of remuneration paid to one employee based on the agreement terms and the employee's contribution to the firm's success. However, the deduction for the remuneration paid to the second employee was disallowed due to insufficient evidence of services rendered and contributions to the business. The Court upheld the deduction only for the remuneration paid to the first employee, emphasizing the importance of services benefiting the business as per the agreement terms. en-us Mon, 19 Mar 1973 00:00:00 +0530 Tue, 20 Apr 2010 11:57:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=39766 The High Court allowed the deduction of remuneration paid to one employee based on the agreement terms and the employee's contribution to the firm's success. However, the deduction for the remuneration paid to the second employee was disallowed due to insufficient evidence of services rendered and contributions to the business. The Court upheld the deduction only for the remuneration paid to the first employee, emphasizing the importance of services benefiting the business as per the agreement terms. Case-Laws Income Tax Mon, 19 Mar 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=39766