2019 (3) TMI 1894

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..... J. This appeal by the assessee and is directed against the order of the ld. Commissioner of Income Tax (Appeals) - 4, Kolkata (hereinafter the 'ld. CIT (A)'), passed u/s 250 of the Income Tax Act, 1961 (the 'Act'), 19.06.2018 on the following grounds: "1. For that the ld. Commissioner of Income Tax (Appeals) has erred in confirming the disallowance made by the Assessing Officer u/s 36(1)(ii) of .....

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..... dividend if it had not been paid as bonus or commission; 3. We note that the payments in question was made to Mrs. Rekha Jalan and Mr. S.K. Jalan, who were directors of the assessee company. These payments were made pursuant to agreements for payment of bonus and commission copies of which were furnished to the Revenue. The payments were made within the limit prescribed by law. The CIT(A) upheld .....

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