https://www.taxtmi.com/caselaws?id=55517 The Tribunal upheld the disallowance of commission under sections 40A(2) and 40(b) for services rendered by HUFs of partners in a construction business. The commission paid to the HUFs was deemed as payment for services by the individuals, not as a return on investment by the HUFs. The absence of a clear intention in the partnership deed regarding profit share and the lack of a legally enforceable contract between the firm and the HUFs led to the dismissal of the assessee's appeal. The CIT(A)'s decision to uphold the disallowance was affirmed. en-us Thu, 21 Apr 1994 00:00:00 +0530 Sat, 27 Nov 2010 14:42:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55517 The Tribunal upheld the disallowance of commission under sections 40A(2) and 40(b) for services rendered by HUFs of partners in a construction business. The commission paid to the HUFs was deemed as payment for services by the individuals, not as a return on investment by the HUFs. The absence of a clear intention in the partnership deed regarding profit share and the lack of a legally enforceable contract between the firm and the HUFs led to the dismissal of the assessee's appeal. The CIT(A)'s decision to uphold the disallowance was affirmed. Case-Laws Income Tax Thu, 21 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55517