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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Disallowance of excessive and unreasonable remuneration/salary ...

Income Tax

April 2, 2015

Disallowance of excessive and unreasonable remuneration/salary paid to the directors - no comparable case was cited where salary for similar work having similar qualifications was paid at lower rate. It is also not brought on record that how and in what manner salary paid to the directors was excessive or not comparable with the market rates - AT

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