Disallowance u/s 40A(2)(b) - excessive salary to related person ...

Section 40A(2)(b) Disallowance: No penalty for excessive salary to related person if taxed higher without evasion.

March 28, 2017

Case Laws Income Tax AT

Disallowance u/s 40A(2)(b) - excessive salary to related person - no disallowance of expense can be made when the person to whom the payment is made is also assessed at higher rate and there is no evasion of tax - AT

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Disallowance u/s 40A(2)(b) - excessive salary to related person ...

Section 40A(2)(b) Disallowance: No penalty for excessive salary to related person if taxed higher without evasion.

March 28, 2017

Case Laws Income Tax AT

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