Deduction towards Remuneration of Partners, Not covered within Scope of “Limited Scrutiny”: ITAT Quashes Revision Order [Read Order]

Deduction towards Remuneration of Partners - Not covered within Scope of Limited Scrutiny - ITAT Quashes Revision Order - TAXSCAN

The Pune bench of the Income Tax Appellate Tribunal (ITAT) quashed the revision order on the ground of deduction made towards the remuneration of partners which was not covered within the scope of limited scrutiny. The assessee e-filed its return declaring total income at Rs.78,29,61,960/-. The return was selected for Limited scrutiny through Computer Aided…

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