Addition of bonus paid to the directors - disallowance u/s ...
Case Laws Income Tax
March 6, 2019
Addition of bonus paid to the directors - disallowance u/s 36(1)(ii) - No extra services have been rendered for payment of commission - Two shareholders director were holding 50% each. Payment of bonus or commission is not allowable as deduction u/s 36(1)(ii) in the hands of the assessee company.
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