Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1997 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1997 (11) TMI 40 - MADRAS HIGH COURTExtract: .......holding that the commission paid to the director should also be taken into account for the purpose of determining the limit of allowance under section 40(c) of the Act. Accordingly, we answer the question of law referred to us in the affirmative and against the assessee. However, in the circumstances of the case, there will be no order as to costs.
|