https://www.taxtmi.com/caselaws?id=802613 Partner remuneration from a firm or LLP is taxable as business income under section 28, subject to adjustment to the extent the remuneration is disallowed as a deduction to the firm. Presumptive taxation under section 44ADA applies to professional gross receipts, not partner remuneration where the LLP carries on the professional practice. Claims that discretionary remuneration is non-taxable require verification when determining the taxable amount. Salary discrepancies can be checked against employer confirmation and bank statements. en-us Fri, 09 Oct 2026 00:00:00 +0530 Thu, 12 Nov 2026 08:39:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=802613 Partner remuneration from a firm or LLP is taxable as business income under section 28, subject to adjustment to the extent the remuneration is disallowed as a deduction to the firm. Presumptive taxation under section 44ADA applies to professional gross receipts, not partner remuneration where the LLP carries on the professional practice. Claims that discretionary remuneration is non-taxable require verification when determining the taxable amount. Salary discrepancies can be checked against employer confirmation and bank statements. Case-Laws Income Tax Fri, 09 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=802613