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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Disallowance made u/s 40A(2)(a) - higher salary paid to ...

Income Tax

November 23, 2018

Disallowance made u/s 40A(2)(a) - higher salary paid to Directors - Related party transactions - the concerned directors are assessed to tax at the maximum rate of 30% - the provisions of section 40A(2) are not attracted to the payment made to the directors

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