Disallowance of commission paid to the Directors / shareholders ...
Director Compensation Cannot Be Disallowed Without Concrete Evidence of Tax Avoidance, Says New Proposal.
January 10, 2016
Case Laws Income Tax AT
Disallowance of commission paid to the Directors / shareholders - where the directors had given services and in recognition thereof, there was proposal to pay commission to the said directors, then the same could not be questioned merely on the basis of speculation by the Revenue that the same was to avoid payment of dividend tax. - AT
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