TMI BlogManaging Director's Commission and Bonus Confirmed as Allowable Business Expenses u/s 36(1)(ii) of Income Tax Act.Disallowance u/s section 36(1)(ii) - payment in lieu of dividend - amount of commission and bonus paid to the Managing Director was an allowable business expenditure - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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