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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Disallowance of professional fee paid to the Chartered ...

Income Tax

May 26, 2016

Disallowance of professional fee paid to the Chartered Accountant who is also one of the directors of the assessee company - addition u/s 40A(2)(b) - monthly retainer fee paid - The tax authorities cannot question the choice exercised by the assessee without bringing any material on record - No disallowance - AT

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