Payment of commission to directors without rendering any service ...
Director Commissions Not Deductible as Expenses Without Services, Even with Board Approval and Companies Act Compliance.
September 23, 2013
Case Laws Income Tax AT
Payment of commission to directors without rendering any service - Payment of commission cannot be allowed as expenditure simply because, it is approved by the board and it is in accordance with the provisions of the Companies Act, 1956 - AT
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