Disallowance of commission expense paid to its employee ...
Commission Expense to Employee Directors Disallowed Due to No Dividends; Penalty u/s 271(1)(c) Deleted.
November 11, 2013
Case Laws Income Tax AT
Disallowance of commission expense paid to its employee directors on the ground that company had not distributed dividend in spite of there being handsome profits - Penalty u/s 271(1)(c) deleted - AT
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