Disallowance u/s 40A (2)(b) - payment of higher salary to the ...

Case Laws Income Tax

August 27, 2021

Disallowance u/s 40A (2)(b) - payment of higher salary to the Directors - When a Company pays higher salary to the Directors of the Managers or other Officers or employees it is for the commercial expediency of internal affairs of the company, it is not for the Revenue Authorities to decide that particular salary should not have been paid to the Directors. It is the business decision and, therefore, the disallowance u/s 40A(2)(d) is wrongly invoked - AT

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Disallowance u/s 40A (2)(b) - payment of higher salary to the ...

Case Laws Income Tax

August 27, 2021

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