Rathod Developers & Builders vs ITO (ITAT Bangalore)

Court: BANGALORE ITAT
Head Notes:

additional income declared during the course of survey can be treated as business profits and remuneration paid to partners on the same is to be allowed u/s 40(b) – Held Yes

Law:
Section(s): 40(b)(v)
Counsel(s): Appellant by : Sri.S.V.Ravishankar, Advocate Respondent by : Sri.Gudimella V P Pavan Kumar, JCIT -DR
Dowload Pdf File Click here to download the file in pdf format
Uploaded By CA Vijayakumar Shetty, Mangalore
Date of upload: November 2, 2022

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