CIT(A) Overturns AO's Additions, Rules Firm Properly Claimed Section 10AA Exemption Without Interest or Remuneration Adjustments.

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....Deduction u/section 80(IA)(10) r.w.s 10AA(9) - AO made the additions on the ground that, by giving deductions of interest on capital and remuneration to partner of the assessee firm after finding that the assessee had taken undue benefits of section 10AA by not claiming interest on capital and remuneration to partners which resulted in increase in exempted profit - CIT(A) rightly deleted the additions - AT....