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Income Tax - Highlights / Catch Notes

Home Highlights February 2019 Year 2019 This

Disallowance of salary paid to directors u/s 40A(2) - Neither of ...

Case Laws     Income Tax

February 8, 2019

Disallowance of salary paid to directors u/s 40A(2) - Neither of the lower authorities has taken into account assessee’s business requirement of availing its directors’ services for effective management of its business operations in non-banking financial activities - additions deleted.

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