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Income Tax - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Disallowance as bonus to director shareholders of the assessee ...

Case Laws     Income Tax

January 14, 2019

Disallowance as bonus to director shareholders of the assessee company u/s. 36(1)(iii) - whether it is a dividend payment in disguise - Held No - it should be allowed as a deduction while computing the income of the assessee.

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