Court Rules Against Disallowing Partner Remuneration Under Income Tax Act Section 185 Once Return Is Accepted as Non-Defective.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Disallowance of remuneration of the partners u/s 185 - Once he refused to treat the return as a defective one he could not have also held that the return was in derogation of sub-section 4 of section 184 of the Act nor could he in that case have refused to allow the deductions - HC....