Addition u/s 40A(2)(b) - unbalanced payment to doctors - payment ...
Court Examines Section 40A(2)(b) on Fair Market Value for Doctors' Payments Under Income Tax Act.
May 30, 2018
Case Laws Income Tax AT
Addition u/s 40A(2)(b) - unbalanced payment to doctors - payment to specified persons - No finding by the AO about as to what constitutes fair market price of the services rendered by the promoter directors - Remuneration of doctors must depend on their market worth, and determination of such market worth is uninfluenced by what other professionals in their area of expertise earn - AT
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