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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Disallowance of remuneration paid to the Directors - The A.O. ...


Challenge to Director Pay Disallowance: Assessing Officer Lacked Justification for Using Turnover as Comparison Basis.

June 26, 2015

Case Laws     Income Tax     AT

Disallowance of remuneration paid to the Directors - The A.O. has not indicated as to how the turnover could be a sound basis for comparison of remuneration - AT

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