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Income Tax - Highlights / Catch Notes

Home Highlights June 2019 Year 2019 This

Commission paid to director u/s 36(1)(ii) - as a part of ...


Commission to Executive Director u/s 36(1)(ii) is Part of Remuneration; Tied to Performance and Profit Increase.

June 4, 2019

Case Laws     Income Tax     AT

Commission paid to director u/s 36(1)(ii) - as a part of remuneration package of the executive director - based on his performance evaluation and also considering his contribution in meeting the financial performance of the company - There is substantial increase in profit before tax as compared to earlier years - duly allowable

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