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1962 (12) TMI 81 - HC - Income TaxExtract: .......re no adequate grounds falling within section 10(4A) enabling the department to disallow any part of the remuneration paid to the managing director and the other director. The question is answered in favour of the assessee. The department will pay the costs to the assessee. Counsel's fee ₹ 250. Question answered in favour of the assessee.
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