Tag: – selection of the any head of income of firm for remuneration

There is no warrant to select the head of income so far as the computation of the permissible amount of deduction of the remuneration under section 40(b) is concerned.      ITAT SURAT M/S. MAC INDUSTRIES VERSUS INCOME TAX OFFICER, WARD-6, VAPI. ITA No.1036/AHD/2016 Short ...