Salary to partners would be as mutually agreed between partners” & allowability of the same in the hands of the unregistered firm u/s 40(b)
Electronic assessment proceedings, though laudable, “can lead to erroneous assessment” if officers are not able to understand the transactions and statement of accounts of an assessee without a personal hearing : Madras HC
No disallowance under section 40A(2) if there is no material on record to demonstrate that payment made was excessive and unreasonable
Validity of Circular No. 37/2018-Customs, dated 09-10-2018 vs. Refund-IGST paid for the goods exported from India
Allowability of Deduction under section 80P(2)(d) towards Interest on FDR placed by a co-operative society with a co-operative bank
Validity of Denial of exemption under section 11 to charitable trust for the reason of Excessive payment of salary and professional fees to Doctors