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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

Payment of bonus to shareholder employees / directors - ...

Income Tax

August 7, 2018

Payment of bonus to shareholder employees / directors - allowability u/s 36(1)(ii) - the payment made to the four employee directors of the company is not a payment made in lieu of dividend as in fact found on facts by the Tribunal. - No additions.

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