TMI BlogDisallowance made u/s 40A(2)(a) - higher salary paid to Directors - Related party transactions - the...Disallowance made u/s 40A(2)(a) - higher salary paid to Directors - Related party transactions - the concerned directors are assessed to tax at the maximum rate of 30% - the provisions of section 40A(2) are not attracted to the payment made to the directors ..... X X X X Extracts X X X X X X X X Extracts X X X X
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