Claim of expenditure for Commission payment to the Directors of ...

Deduction Denied: Commission Payments to Directors of Another Company Deemed Unethical and Breach of Trust.

December 23, 2011

Case Laws Income Tax AT

Claim of expenditure for Commission payment to the Directors of other company for procurement of orders. - This amounts to an abetment of not only an unethical business practice but also amounts to abetting to commit a breach of trust by the directors of the recipient company, which is clearly an offence - prohibited by law. - deduction not allowed. .... - AT

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Claim of expenditure for Commission payment to the Directors of ...

Deduction Denied: Commission Payments to Directors of Another Company Deemed Unethical and Breach of Trust.

December 23, 2011

Case Laws Income Tax AT

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