Held that salary, bonus, remuneration or commission are collectively termed “remuneration” and the remuneration paid during the year was within the permissible limit provided Thus, there was no infirmity in the findings of the Commissioner (Appeals). (AY. 2017-18)
Asst. CIT v. Dhar Construction Co. (2023)199 ITD 124/ 101 ITR 49 (SN)(Gauhati)(Trib)
S. 40(b)(v) : Amounts not deductible-Partner-Remuneration-Payments as per partnership deed-Permissible limit-Disallowance is not justified. [S. 15, 192]