TMI BlogDisallowance on account of Director’s commission/bonus - He was not a shareholder when the...Disallowance on account of Director’s commission/bonus - He was not a shareholder when the bonus/commission was paid to him and once he is not a shareholder and commission/bonus paid for the services rendered, the provisions of Section 36(1)(ii) mandates that the bonus is to be allowed. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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