https://www.taxtmi.com/caselaws?id=57027 The Tribunal dismissed the appeals, affirming the decision to disallow the salary paid to S. Boota Singh under Section 40(b) of the Income-tax Act, 1961. It held that salary paid to a partner, regardless of individual or representative capacity, is treated as a share of profits and is non-deductible under Section 40(b), in line with established case law precedents. en-us Tue, 27 Jan 1987 00:00:00 +0530 Wed, 08 Dec 2010 09:53:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57027 The Tribunal dismissed the appeals, affirming the decision to disallow the salary paid to S. Boota Singh under Section 40(b) of the Income-tax Act, 1961. It held that salary paid to a partner, regardless of individual or representative capacity, is treated as a share of profits and is non-deductible under Section 40(b), in line with established case law precedents. Case-Laws Income Tax Tue, 27 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57027