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Income Tax - Highlights / Catch Notes

Home Highlights July 2012 Year 2012 This

AO noticed that assessee company has paid huge salary to the ...


Company Faces Tax Additions for Unjustified Salaries Paid to Female Relatives of Directors and CEO.

July 3, 2012

Case Laws     Income Tax     AT

AO noticed that assessee company has paid huge salary to the ladies who are relatives of Directors / CEO - as assessee failed to justify the reasonableness of salary payments made, the additions need to be made - AT

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