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Income Tax - Highlights / Catch Notes

Home Highlights August 2020 Year 2020 This

Addition u/s 40A - rent payments have been made by the assessee ...


Rent Payments to Director Not Disallowed u/s 40A(2)(b) of Income Tax Act for Related Persons.

August 11, 2020

Case Laws     Income Tax     AT

Addition u/s 40A - rent payments have been made by the assessee company to one of its Directors, however, merely because payment has been made to a related person would not be sufficient to make the disallowance U/s 40A(2)(b) - AT

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