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Income Tax - Highlights / Catch Notes

Home Highlights January 2016 Year 2016 This

Disallowance of commission paid to the Directors / shareholders ...

Income Tax

January 10, 2016

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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