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Income Tax - Highlights / Catch Notes

Home Highlights September 2016 Year 2016 This

Without using the services of the directors, the key decisions ...


Directors' Remuneration is Essential and Allowable Business Expenditure Under Company Rules and Regulations.

September 2, 2016

Case Laws     Income Tax     AT

Without using the services of the directors, the key decisions of the business cannot be taken. Therefore, it is essential to give remuneration as per Rules and Regulations of the company. In view of this, this expenditure is allowable as business expenditure. - AT

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