Addition u/s 40A - excessive or unreasonable expenditure - ...

Case Laws Income Tax

May 19, 2018

Addition u/s 40A - excessive or unreasonable expenditure - Deduction from the income of payments of commission made to the Directors/Managing Director of the respondent assessee - There is no yardstick or guideline for judging when the expenditure incurred by the assessee would be excessive or unreasonable. - No additions - HC

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Addition u/s 40A - excessive or unreasonable expenditure - ...

Case Laws Income Tax

May 19, 2018

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