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Income Tax - Highlights / Catch Notes

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Disallowance u/s 40A(2)(b) - excessive salary to related person ...

Income Tax

March 28, 2017

Disallowance u/s 40A(2)(b) - excessive salary to related person - no disallowance of expense can be made when the person to whom the payment is made is also assessed at higher rate and there is no evasion of tax - AT

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