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1971 (12) TMI 33 - HC - Income Tax“Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in allowing the entire remuneration to the directors as an admissible deduction for the purpose of assessment under the Income-tax Act?” - In the present case the facts and circumstances did not suggest that there was any extra commercial consideration. Therefore, the entire remuneration must be considered to have been spent wholly and exclusively for the purpose of assessee's business
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