Disallowance being commission paid to Directors - expenses were ...

Director Commission Disallowed Ad-Hoc Despite Compliance with Companies Act and Board Approval; Previous Claims Allowed.

December 7, 2020

Case Laws Income Tax AT

Disallowance being commission paid to Directors - expenses were incurred in accordance with the provisions of Companies Act. - The commission expenses were paid by passing the Board’s resolution. And in earlier years such commission expenses were claimed and allow to the assessee. The assessing officer made disallowance on ad- dock basis which is not sustainable. - AT

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Disallowance being commission paid to Directors - expenses were ...

Director Commission Disallowed Ad-Hoc Despite Compliance with Companies Act and Board Approval; Previous Claims Allowed.

December 7, 2020

Case Laws Income Tax AT

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