Disallowance of salary paid to relative - excessive and ...

Salary Disallowed as Excessive, But Not u/s 40A(2)(b) Due to Definition of "Relative" in Section 41(2).

May 16, 2017

Case Laws Income Tax AT

Disallowance of salary paid to relative - excessive and unreasonable expenses - Wife of son of the partner does not fall within the definition of the relative as defined under sub-section (2) of section 41 of the Act. In view of this fact the provisions of section 40A(2)(b) are not applicable. - AT

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Disallowance of salary paid to relative - excessive and ...

Salary Disallowed as Excessive, But Not u/s 40A(2)(b) Due to Definition of "Relative" in Section 41(2).

May 16, 2017

Case Laws Income Tax AT

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