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Income Tax - Highlights / Catch Notes

Home Highlights December 2015 Year 2015 This

Disallowance of commission paid to directors - allegation that ...


Court Rules Commission to Directors Not Linked to Dividend Tax Evasion; Disallowance Overturned.

December 8, 2015

Case Laws     Income Tax     AT

Disallowance of commission paid to directors - allegation that commission was paid to avoid dividend distribution tax - there being no nexus between the two payments i.e., commission and dividend to the directors, the disallowance made could not have been sustained. - AT

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