Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1967 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1967 (8) TMI 23 - HC - Income TaxAssessee is a private limited company - remuneration paid to its managing director - excess remuneration - held that excess remuneration paid was wholly and exclusively expended by it for the purposes of its business and was, hence, a deductible allowance within the meaning of s. 10(2)(xv)
|