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Income Tax - Highlights / Catch Notes

Home Highlights October 2017 Year 2017 This

Disallowance of increase in salary of directors - AO was not ...


Court Rules Against Revenue Authorities on Evaluating Business Decisions, Directors' Salary Increase Disallowance Contested.

October 31, 2017

Case Laws     Income Tax     AT

Disallowance of increase in salary of directors - AO was not convinced that the increase in turnover is only because of efforts of the Director - Revenue authorities in this case are trying to enter into the shoes of the businessman, which is not permissible.

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