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2012 (5) TMI 439 - AT - Income TaxNon deduction of TDS - Payment to directors - Disallowance under section 40(a)(ia) - TDS u/s 194H or 192 - held that:- the commission paid to directors as per terms of employment for the work done in their capacity as whole-time directors is to be treated as incentive in addition to salary, etc. and did not come within the purview of commission and brokerage as defined in section 194H or fee for professional or technical services as defined in s. 194J and therefore, same cannot be disallowed under s. 40(a)(ia) of the Act. - Decided in favor of assessee.
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