Intimation order u/s 154 of the Income Tax Act issued for Disallowing Payment of Remuneration to Partners: ITAT Directs Re-adjudication [Read Order]

By Shabna Rahim - On June 15, 2023 7:30 am - 2 mins read
Intimation order u/s 154 of the Income Tax Act issued for Disallowing Payment of Remuneration to Partners : ITAT Directs Re-adjudication

The Pune bench of the Income Tax Appellate Tribunal (ITAT) directed re-adjudication on the Intimation order passed under section 154 of the Income Tax Act,1961 for disallowing the payment of remuneration to partners.  Mayur Wines, the appellant assessee was a partnership firm engaged in the business of liquor. The assessee filed a return of income and…

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