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2018 (11) TMI 1105 - ITAT KOLKATAAddition on account of directors’ remuneration paid to the directors made AO - AO disallowed the same on the ground that the assessee has shown the entire expenditure incurred under the head work in progress - Held that:- The remuneration paid to the directors is excessive or unreasonable. In absence of the same in my considered view the disallowance made cannot be sustained in law. Set aside the orders of the CIT(A) and vacate the disallowance on account of director’s remuneration and allow the grounds of appeal of the assessee. See CORONATION FLOUR MILLS VERSUS ASSTT. CIT. [2009 (3) TMI 61 - GUJARAT HIGH COURT] - Decided in favour of assessee.
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