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Income Tax - Highlights / Catch Notes

Home Highlights January 2013 Year 2013 This

Disallowance of Commission - Paid to firm in which director has ...


Disallowance of Commission Upheld for Payments to Firm Where Director Holds Substantial Interest Under Income Tax Law.

January 25, 2013

Case Laws     Income Tax     AT

Disallowance of Commission - Paid to firm in which director has substantial interest - the firm has earned the commission only from the assessee & not from any other party - Disallowance confirmed - AT

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